NEWS21 July 2017
All MRS websites use cookies to help us improve our services. Any data collected is anonymised. If you continue using this site without accepting cookies you may experience some performance issues. Read about our cookies here.
All MRS websites use cookies to help us improve our services. Any data collected is anonymised. If you continue using this site without accepting cookies you may experience some performance issues. Read about our cookies here.
US – Omnicom Group has reported a second drop in revenue compared with the previous year, driven by slow growth in the US and exchange rates.
Omnicom’s results revealed organic growth of 3.5% in the second quarter of 2017, while overall revenue totalled $3.79bn, representing a fall of 2.4% compared with the same period last year.
Overall revenue in North America was down 6.6% for Q2 2017, and down 3.1% for the year to date. UK revenue was down 3.7% for the second quarter, and down 5.9% for the first half of 2017.
Meanwhile revenue in the Asia Pacific region lifted 1.3% overall for the second quarter, but organic growth was up 7.1%. Year-to-date figures showed growth of 3.4% for the region.
Rival ad-holding company Publicis Groupe’s results showed a 0.8% increase in organic growth, with revenue amounting to $2.9bn.
According to John Wren, Omnicom’s CEO, its US business was brought down by its PR unit, shopper marketing and branding businesses.
"We’re unhappy with it, have forensically identified it and are taking actions to do something about it," Wren said.
Newsletter
Sign up for the latest news and opinion.
You will be asked to create an account which also gives you free access to premium Impact content.
Media evaluation firm Comscore has increased its revenue in the second quarter but has made a net loss of $44.9m, a… https://t.co/rAHZYxiapz
RT @ImpactMRS: Marginalised groups are asserting themselves in Latin America, with diverse creative energy and an embrace of indigenous cul…
There is no evidence that Facebook’s worldwide popularity is linked to widespread psychological harm, according to… https://t.co/wS1Um3JRS5
The world's leading job site for research and insight
Spalding Goobey Associates
Research Manager – Quant – Strategic Insight Agency
£41,000–£47,000 + Bens
Spalding Goobey Associates
Senior Research Executive – Qualitative –Strategy Consultancy
Up to £36,000 + benefits
Resources Group
Associate Director – Finance / Auto
Up to £55,000 + Benefits
Featured company
Town/Country: London
Tel: +44 (0)20 7490 7888
Kudos Research is the leading provider of premium quality UK and International Telephone Data-Collection. Specialising in hard to reach B2B and Consumer audiences, we achieve excellent response rates and provide robust, actionable, verbatim-rich data. Methodologies include . . .
Brought to you by:
©2024 The Market Research Society,
15 Northburgh Street, London EC1V 0JR
Tel: +44 (0)20 7490 4911
info@mrs.org.uk
The post-demographic consumerism trend means segments such age are often outdated, from @trendwatching #TrendSemLON
0 Comments