Dentsu Improves Organic Growth for Q1, Attributes 13% Profit Drop to Overwork Reforms

Holding company cited 2017 account wins as important factor

Experience ADWEEK House at Cannes, June 16-19. We’re celebrating 45 years of reporting with Now and Next—a creative opportunity for brands to define who they are and their future in the industry. Register .

Dentsu released a report on its consolidated financial results for the first quarter of 2018, revealing a third consecutive quarter of organic growth while also reporting a decline in operating profit.

“In Q1 FY2018, Dentsu Group continued on its return to growth, as seen over the past three quarters,” Dentsu Inc. president and CEO Toshihiro Yamamoto said in a statement. “The operating environment remains challenging, yet momentum is with the business.”

Yamamoto said that the group remains “focused on innovating at pace to help our clients stay ahead of the competition.” The



Subscribe today!

To Read the Full Story Become an Adweek+ Subscriber

View Subscription Options

Already a member? Sign in