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Omnicom posted a 6.8 percent rise in Q2 revenues to $3.9B, and a 7.3 percent drop in operating income to $510.3M.
Organic growth rose 5.2 percent.
The PR unit recorded a sluggish performance. The Marina Maher Communications, Portland, Mercury, Porter Novelli, Ketchum, and FleishmanHillard combine inched ahead 0.9 percent on an organic basis.
That trailed the 17.6 percent surge by the experiential segment, 7.8 percent growth by advertising & media, 2.0 percent by healthcare, 1.4 percent by precision marketing, and 1.2 percent by execution & support.
The PR operation did top the 3.8 percent drop suffered by the branding & retail commerce group.
For the six-month period, OMC posted a 6.1 percent rise in revenues to 7.5B. Operating income rose 10.3 percent to $989M.
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.
FTI Consulting handles the reorganization of Wolfspeed Inc. as the Durham, NC-based semiconductor company moves to slash its debt load.
Stagwell CEO Mark Penn reports Q1 revenues fell 2.7 percent to $651.8M, while its net loss rose from $1.3M to $2.9M.
WPP CEO Mark Read reported like-for-like revenues dropped 2.7 percent to $3.3B in Q1 due to the challenging business environment.
Interpublic suffered a $85.4M Q1 loss as net revenues declined 8.5 percent to $2B. It earned $110.4M in the year-ago period.
