Posts Tagged ‘Omnicom group’

Published 19th Oct 2017, 08:20

Publicis suffers 2.2% fall in revenue in latest quarter

Publicis Groupe suffered a 2.2% fall in revenue in the third quarter of 2017, bringing down its revenue growth to 0.6% for the year to date.  The performance compares with Omnicom’s revenue... Read more
Published 17th Oct 2017, 23:30

Omnicom squeezes more profit out of less revenue

Omnicom struggled to improve its profit over the nine months to 30 September as exchange rates worked against it and revenue slipped by 0.7%. However, a $104 million cut in staff costs enabled the... Read more
Published 13th Sep 2017, 19:46

Adam & Eve and the magic earnout ingredient

When Adam & Eve Group merged with Omnicom Group’s DDB London agency in 2012, one of the ingredients that led to such a financially rewarding earnout deal – understood to have been in excess... Read more
Published 27th Aug 2017, 10:10

Havas profit falls 34%: growth forecast withdrawn

Havas Group has reported a 34% fall in post-tax profit earned for its shareholders in the first half of 2017 after suffering from a big fall in operating profit margin from 13.5% to... Read more
Published 24th Aug 2017, 00:44

WPP downgrades revenue predictions: currencies help first half

WPP, the world’s biggest marketing group, has downgraded its revenue forecast for 2017 and now expects a like-for-like growth rate of between zero and 0.2%.  Revenue in July was down by 4.1% on a... Read more
Published 10th Aug 2017, 08:49

Transparency report may put pressure on agency margins

Agency profitability may come under pressure if clients take a more aggressive attitude towards relationships with in-house production units and third party suppliers following a new report on... Read more
Published 9th Aug 2017, 16:11

Currencies and amortisation held back Dentsu’s growth

Dentsu’s purposeful expansion overseas has had a short-term detrimental financial impact as its profit fell by 14.2% to ¥30,712 million ($268 million) for the half year to 30 June. Revenue grew... Read more
Published 31st Jul 2017, 22:24

Very Lucky Generals: why did TBWA pay £15m?

The filing of the accounts of the Omnicom Group subsidiary TBWA UK Group last week confirmed that it made what at first sight seems an inexplicably large initial cash payment of £15 million to... Read more
Published 20th Jul 2017, 23:07

New accounting rule will accelerate revenue recognition at Omnicom

A new US accounting rule is expected to accelerate the recognition of revenue that Omnicom Group derives from performance based incentive schemes. The rule, which may also affect other US... Read more
Published 18th Jul 2017, 15:29

Omnicom Group appoints another non-executive director

Gracia Martore has been appointed an independent director on the board of Omnicom Group and will join its audit committee. The company said that the appointment formed part of an ongoing process... Read more