![]() |
Edelman reports 2023 revenues declined 3.7 percent to $1.04B as its flagship US region was off 9.1 percent to $639M.
The EMEA sector rebounded during 2023, rising 7.1 percent to $229M.
Latin America showed solid growth (+29.7 percent to $35M) while the APAC region inched ahead by 1.7 percent to $103M.
Canada was off 2.3 percent to $32M.
Edelman's healthcare and technology practices stuggled during the past year. They were down 12 percent and eight percent, respectively.
On the plus side: public affairs was up 19.5 percent, business-to-business rose 19 percent, food & beverage jumped 15.6 percent, and crisis increaed 4.2 percent
Edelman released six Trust Barometer Reports in 2023 in the areas of healthcare equity, workplace trust, climate change, racial justice and consumer trust in brands.
The Edelman Trust Institute launched a monthly newsletter, "The Trust Report," that has more than 3,000 subscribers who receive information, context and applications for trust in business and society.


Public Policy Holding Company registered 23.8 percent Q3 growth to $48.8M, with organic growth contributing 4.5 percent and the balance driven by merger & acquisition activity.
Publicis Groupe reported 3.1 percent in Q3 growth to $4B, sparked by a 3.6 percent jump North America, its biggest market.
WPP suffered a 10.2 percent drop in 1H revenues to $6.7B and a 47.8 percent plunge in operating profit to $297M.
Interpublic reported Q2 net revenues dropped 6.6 percent to $2.2B and operating income tumbled 23.4 percent to $243.7M.
WPP has adopted a gloomier profit and sales forecast due to a deteriorating Q2 financial performance triggered by weak client spending as companies cope with the challenging economic backdrop.



