Omnicom PR Revenue Up 3.3% In 2012 After Strong 4Q
Charting the future of public relations
Holmes Report
President/Editor-in-Chief

Omnicom PR Revenue Up 3.3% In 2012 After Strong 4Q

Omnicom Group, which owns Fleishman-Hillard, Ketchum and Porter Novelli, has today reported PR revenue growth of 3.3 percent for 2012.

Arun Sudhaman

NEW YORK--Omnicom Group, which owns Fleishman-Hillard, Ketchum and Porter Novelli, has today reported PR revenue growth of 3.3 percent for 2012 after a strong fourth quarter performance.

Revenue from the holding group's public relations firms improved to $1.29bn for the 12-month period, thanks to 8.4 percent growth in the fourth quarter of the year.

Including acquisitions and without adjusting for currency changes, PR earnings were up 10.5 percent in 4Q 2012 to $347.9m.

The strong end to the year represents a boost for Omnicom's PR operations after several quarters of lacklustre growth, including a 0.3 percent decline in 3Q of 2012.

Overall, Omnicom outperformed analyst expectations by growing net income 12 percent in the fourth quarter of 2012, to $299.9m. Revenue rose two percent to $3.94bn.

 

View Style:

Load 3 More
comments powered by Disqus