 Yannick Bollore |
Havas Group reported a 0.2 percent dip in Q3 growth to $620M largely due to a 10.9 percent decline in organic growth in the UK, where Unilever and Pernod Ricard trimmed outlays.
The French ad/PR combine produced solid gains in North America due to a revamp and "unflagging commitment of our teams," said CEO Yanick Bollore.
"Despite an ever more challenging sector environment, we remain positive over the mid-term because we believe firmly in the positive effects of our strategy and in our client-centric organization," he said in a statement. "We will be forging ahead with our strategy to make our structures and the organization of our Villages even more fluid."
Bollore expects growth from the alliance with Vivendi Group "to work together on creating a world leader in content, communication and distribution.”
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.
