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| Mark Penn |
Stagwell reports 4 percent growth in Q1 net revenues to $585M, a performance that was in line with expectations.
It recorded $141M in net new business wins and added assignments from clients such as Google, Adobe and Indeed.
CEO Mark Penn said “Stagwell continues to be on a path for a great 2026, bolstered by record new wins, its first government contracts, and its pivot to delivering agentic applications for the marketing industry.”
He noted that the “digital transformation segment is on a two-year track to accelerating to 22 percent organic net revenue growth as we apply AI to drive industry-leading results for our clients.”
Penn expects full-year net revenue growth will be in the 8 percent to 12 percent range.
Stagwell is the parent company of SKDK, Allison, Hunter and Sloane & Co.
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.
Institutional Shareholder Services advises investors to vote "no" on a compensation package for WPP chief Cindy Rose at the May 8 annual meeting.
FTI Consulting chalked up a 9.5 percent rise in Q1 revenues to $983.3M, powered by gains in its PR, corporate finance and technology segments.
WPP reported a 6.7 percent drop to $3.1B in Q1 like-like revenues less pass-through costs. CEO Cindy Rose says 'it will take time to outpace historical losses."
Omnicom CEO John Wren reports Q1 revenues from “core operations” rose 6.7 percent to $5.6B, driven in part by a 3.9 percent boost in organic growth.
