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| Philippe Krakowsky |
Interpublic CEO Philippe Krakowsky said the firm is off to a “solid start to the year” as its flat $2.2B net revenues are in line with 2024 financial targets. Operating income fell 2.2 percent to $184.2M.
“Our data and tech driven media offerings, healthcare marketing, and PR capabilities continued to perform strongly, driving our growth," he said.
Noting that client sentiment has improved from the second half of 2023, Krakowsky said IPG’s new business pipeline has become more active.
Interpublic’s specialized communications & experiential solutions unit (Weber Shandwick, Golin, Current Global, R&CPMK, DeVries Global, Jack Morton, Momentum and DXTRA Health) registered flat growth to $340.2M. It was up 1.5 percent organically.
The firm registered sharp Q1 growth in continental Europe of 8.9 percent, while the US was up 2.1 percent, and the Asia-Pacific region declined 8.1 percent.
Krakowsky expects full-year organic growth will fall in the one to two percent range.
S&P Global has reaffirmed its negative “BBB” rating on WPP due to ongoing challenges that it will face during the next 12 months.
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
