Omnicom Group posted a one percent rise in Q2 net income to $328.6M on a 2.4 percent drop in revenues to $3.8B.
The PR group led by Ketchum, FleishmanHillard and Porter Novelli registered a two percent drop in revenues to $342.6M.
CEO John Wren reports that overall organic growth charted a 3.5 percent rise led by advertising (+4.2 percent), CRM (+3.7 percent) and special communications (+2.2 percent). PR failed to keep pace, declining 0.3 percent.
Omnicom’s North American revenues dropped 6.6 percent to $2.2B. Continental Europe rose 5.1 percent to $662M; the UK plummeted 3.7 percent to $350M.

Public Policy Holding Company registered 23.8 percent Q3 growth to $48.8M, with organic growth contributing 4.5 percent and the balance driven by merger & acquisition activity.
Publicis Groupe reported 3.1 percent in Q3 growth to $4B, sparked by a 3.6 percent jump North America, its biggest market.
WPP suffered a 10.2 percent drop in 1H revenues to $6.7B and a 47.8 percent plunge in operating profit to $297M.
Interpublic reported Q2 net revenues dropped 6.6 percent to $2.2B and operating income tumbled 23.4 percent to $243.7M.
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.



