Publicis Groupe CEO Arthur Sadoun today reported a 2.2 percent rise in Q2 revenues to $2.9B at the France-based ad/PR conglom.
First-half revenues jumped 1.9 percent, a period that Sadoun described as “particularly dense” due to moves to revamp corporate governance and roll “The Power of One” strategy designed by predecessor CEO (now chairman) Maurice Levy,
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Arthur SadounImproving organic growth is Sadoun’s No. 1 priority. Organic growth clocked in at +0.8 percent during Q2 with North America returning to positive territory. It slipped 1.2 percent during Q1.
Organic growth during Q2 benefited from gains from accounts won during 2016, including Walmart, Motorola, USAA, Asda and Lowe’s.
Publicis expects “sequential improvement” in organic growth during the current quarter.
Sadoun said Publicis is at the beginning of implementing an action plan. He promises a “concrete and articulate update” during the coming months.
WPP CEO Cindy Rose has retained Goldman Sachs to explore strategic options regarding its Burson PR flagship, according to a report in the London Times.
Mike Sitrick has bought his firm Sitrick And Company back from RGP, the Dallas-based management consulting firm. He sold the strategic communications powerhouse for $43.4M in Oct. 2009.
Omnicom CEO John Wren enjoyed a 222 percent jump in 2025 compensation to $69.9M as the firm completed the acquisition of Interpublic.
Public Policy Holding Company recorded 24.7 percent growth in 2025 revenues to $186.5M and a 32.1 percent surge in adjusted net income to $36.6M.
S&P Global has reaffirmed its negative “BBB” rating on WPP due to ongoing challenges that it will face during the next 12 months.
