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| Cindy Rose |
WPP reported a 6.7 percent drop to $3.1B in like-like revenues less pass-through costs.
CEO Cindy Rose said she's encouraged by progress in her plan to create a simpler and integrated company.
"Consistent organic growth remains our North Star," she said. "While it will take time to outpace historical losses, our Q1 results are in line with expectations and ahead of Q4 2025."
The firm’s new business momentum continued to build with a number of new client assignments as well as significant client retentions, according to Rose.
It also made progress on its asset disposal plan and promised “to provide updates in due course, as appropriate."
On the PR front, Burson’s revenues slipped 2.6 percent (LFL) to $211M and 6.0 percent on a reported basis.
The PR unit saw improving trends with growth in North America supported by better new business, offset by declines in Asia and the Middle East. Europe is stabilizing with solid new business momentum.
WPP CEO Cindy Rose declares her stabilization plan is "firmly on track" as the company reports a 4.7 percent dip in 1H revenues.
FTI Consulting reported a 2.6 percent drop in Q2 strategic communications revenues to $100M, a shortfall largely due to a $7.4M decline in pass-through revenues.
Omnicom CEO John Wren reported a 7.2 percent rise in Q2 “core operations” to $6B and a 6.1 percent spurt on an organic basis.
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.
