 |
| Alejandro Romero |
Madrid’s LLYC posted 14 percent growth to $90M and a 15 percent rise in EBITDA to $20M. Organic growth advanced eight percent.
CEO Alejandro Romero called 2023 “a crucial year for the firm with a very positive outcome.”
He noted that LLYC bolstered its position in the US via the acquisition of an 80 percent stake in San Diego-based BAM for $13.2M. It also strengthened its technology practice.
LLYC’s deep digital unit., which includes marketing, performance and paid media and AI solutions grew 21 percent during the past year and accounts for 34.5 percent of operating income.
The firm plans to invest about $45M during the 2023 to 2015 periods with a focus on building up its marketing and corporate affairs practices.
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.
