Earnings Roundup: WPP, IPG, Next Fifteen, Omnicom, Publicis

By Joe Ciarallo Comment


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 5.8% overall.

Publicis (Manning, Selvage & Lee, Publicis Consultants, Freud Communications): Q1 revenue up 1.3% YOY. 4.4% decline in organic growth. Communications businesses accounted for 41% of total revenue.

Next Fifteen (Text 100, Bite Communications, OutCast Communications): Revenues up 10% to $49.2 million, compared to $44.7 million in 2008.