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| Arthur Sadoun |
Publicis Groupe’s H1 net revenues inched ahead by 1.1 percent to $8.3B. Organic growth hit the 4.7 percent mark.
CEO Arthur Sadoun said the firm “once again delivered a very strong first half of the year, accelerating on every front last quarter.”
On an organic basis, North America recorded 5 percent growth, while Europe was up 4.5 percent and Asia-Pacific showed a 4.1 percent hike powered by a 9.4 percent advance in China.
Sadoun expects “continued momentum in new business” to drive growth for the rest of the year despite ongoing macroeconomic difficulties.
He boosted full-year organic growth guidance to +4.5 percent to 5 percent from 4 percent to 5 percent.
Sadoum called H1 a “period of accelerated investment, as we continued to demonstrate that our strategy is the polar opposite of our peers.”
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.
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.
