Huntsworth recorded a nine percent growth in revenues to $122.5M during the first half paced by a robust performance of its healthcare unit and the return to profitability for Grayling.
Pretax profit surged 58 percent to $13M.
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Paul TaaffeeCEO Paul Taaffe said Huntsworth Health remains the firm’s focus for growth and investment as clients “seek a more differentiated and increasingly digital offering for their medical and marketing communications.”
Huntsworth Health added The Creative Engagement Group experiential marketing operation in an acquisition worth $35.5M this month to strengthen its digital creativity expertise.
Grayling swung from a slight loss to $500K profit despite a 13 percent drop in revenues to $27.3M.
Europe, which accounts for 70 percent of Grayling’s revenues, Middle East and Asia operated in the black while the US posted red ink.
Taaffe anticipates the US would be profitable beginning in 2018, buoyed by its Washington lobbying office and a PR business transitioning to a broader client portfolio.
Citigate Dewe Rogerson financial unit showed a two percent revenue dip to $14.2M. Slowdowns in Greater China (14.4 revenue plunge) and Singapore (nine percent drop) hurt CDR, which reported an overall $1.9M profit.
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.
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.
Stagwell reports 4 percent growth in Q1 net revenues to $585M and a record $141M in net new business wins.
