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| John Wren |
Omnicom reported flat Q4 revenues of $3.9B, though CEO John Wren highlights a 7.2 percent rise in organic growth, which he says “was stronger than expected.”
The upbeat organic results were “led by resilient performance across global geographies.”
Wren said Omnicom entered 2023 “in a very strong position” but the company is “closely tracking the macroeconomic outlook and is fully prepared to respond appropriately.”
Omnicom’s PR group (Ketchum, FleishmanHillard, Porter Novelli, Mercury, Marina Maher Communications) posted an 8.8 rise in revenues to $401.5M during the quarter. It was up 12.7 percent on an organic basis.
For the full-year, PR was up 11.1 percent to $1.5B on a reported basis and 13.7 percent organically.
WPP CEO Cindy Rose has retained Goldman Sachs to explore strategic options regarding its Burson PR flagship, according to a report in the London Times.
Mike Sitrick has bought his firm Sitrick And Company back from RGP, the Dallas-based management consulting firm. He sold the strategic communications powerhouse for $43.4M in Oct. 2009.
Omnicom CEO John Wren enjoyed a 222 percent jump in 2025 compensation to $69.9M as the firm completed the acquisition of Interpublic.
Public Policy Holding Company recorded 24.7 percent growth in 2025 revenues to $186.5M and a 32.1 percent surge in adjusted net income to $36.6M.
S&P Global has reaffirmed its negative “BBB” rating on WPP due to ongoing challenges that it will face during the next 12 months.
