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Public Policy Holding Company posted a 9.5 percent boost in revenues to $108.8M in 2022, which was its first full year as a publicly traded company. Organic growth clocked in at 6.6 percent.
PPHC’s operating units include Crossroads Strategies, Forbes Tate Partners, Seven Letter, O'Neill & Associates, Alpine Group Partners, KP Public Affairs and MultiState Associates.
They rank as the biggest provider of federal contract lobbying services with combined fees of $66.6M.
CEO Stewart Hall is bullish on growth, which will be partly driven more than $4T in US government spending.
The Biden administration’s industrial policies and landmark legislation, such as The Chips Act and Inflation Reduction Act, will create major opportunities for PPHC in the renewable/alternative energy, infrastructure, advanced manufacturing and healthcare sectors.
PPHC, which acquired MultiState on March 1, is also looking for acquisitions in the strategic communications, public affairs and state advocacy fronts.
Hall said his company is “well placed to act as a natural consolidator with a strong balance sheet.”
PPHC trades on the London Stock Exchange.
Publicis Groupe’s H1 net revenues inched ahead by 1.1 percent to $8.3B. Organic growth hit the 4.7 percent mark.
Public Policy Holding Company grew 27.5 percent to $50.1M during Q1, powered by the accelerating contribution from recent acquisitions and a 5.1 percent hike in organic revenues across its three operating segments.
Institutional Shareholder Services advises investors to vote "no" on a compensation package for WPP chief Cindy Rose at the May 8 annual meeting.
FTI Consulting chalked up a 9.5 percent rise in Q1 revenues to $983.3M, powered by gains in its PR, corporate finance and technology segments.
Stagwell reports 4 percent growth in Q1 net revenues to $585M and a record $141M in net new business wins.
