 |
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.
Stagwell’s Q4 revenues grew two percent to $807M while adjusted EBITDA rose three percent to $129M.
WPP CEO Cindy Rose unveiled “Elevate 28,” a strategic plan to simplify the troubled company, which reported a 5.4 percent drop in 2025 revenues to $13.6B.
Omnicom CEO John Wren reported a Q4 $977.2M operating loss, largely due to the $1.1B in severance and repositioning expenses connected to the $13B Interpublic takeover that closed on Nov. 26.
Publicis Groupe reports an 8.8 percent rise in 2025 net revenues to $16.4B with
Public Policy Holding Company today priced its initial public offering at $12.25 per share. The sale of 4,150,000 shares raised $50.8M in gross proceeds.
