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| John Wren |
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.
He said momentum in the new Omnicom, which includes Interpublic, comes as clients are “consolidating more work with us because they see the competitive advantage our connected capabilities deliver.”
Wren looks to expand OMC “across new consumer engagement models in sports & entertainment, social & creator, connected commerce, and AI-driven discovery.”
On the PR front, OMC chalked up $679.1M in revenues, which represents 11.3 percent of overall revenues.
Its PR group include Weber Shandwick Collective, Mercury, Golin Ketchum, DeVries Global, FleishmanHillard, Current Group, Marina Maher Communications and Portland.
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.
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.
Institutional Shareholder Services advises investors to vote "no" on a compensation package for WPP chief Cindy Rose at the May 8 annual meeting.
