Earnings Roundup: WPP, IPG, Next Fifteen, Omnicom, Publicis
Now that all of the major holding companies have reported their Q1 numbers, lets look at how they fared.
IPG (GolinHarris, Weber Shandwick): Overall revenue down 5.6% YOY. PR revenue down 7% YOY.
Omnicom (Brodeur Worldwide, Fleishman-Hillard, Ketchum Inc., Porter Novelli): PR revenues down 17.4% YOY. Overall profit down 21% YOY. Still beat analyst expectations.
WPP (Hill & Knowlton, Ogilvy Public Relations Worldwide, Burson-Marsteller, Cohn & Wolfe): PR and public affairs revenue dropped 6.1% in Q1 2009. Q1 revenue down
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