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| Alejandro Romero |
LLYC reported first-half revenues grew 12 percent to $54M, while EBITDA advanced 9 percent to $9.7M. Organic growth rose 8 percent.
The results include LLYC’s March acquisition of an 80 percent stake in BAM, a 36-member San Diego shop that services the technology and venture capital segments.
That deal, which was valued at $13.2M, makes the US LLYC’s No. 3 market, following Spain and Mexico.
LLYC CEO Alejandro Romero said he’s pleased with the positive 1H results that were achieved despite a complex global context.
“We’ve seen a significant upswing in our numbers since Q2, and our digital and marketing solutions, as well as our focus on healthcare, give us every reason to remain optimistic about our future prospects,” he said.
Romero anticipates that LLYC will record double-digit growth for the full 2023 year.
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.
