Holding Companies Report Solid Q3 Numbers, Cautious About Future
While you were busy at work – or preparing your Halloween costumes – late last week, the PR/advertising holding companies reported their Q3 numbers. Here is a brief recap:
Publicis reported $1.39 billion in Q3 revenue, up 5.1% compared with Q3 2007. Publicis does not separate PR revenues.
WPP Group, home to agencies Burston-Marsteller and Hill & Knowlton, among others reported Q3 revenue of $347.7m from its Public Relations & Public Affairs, up 9.3% from Q3 2007.
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