Q1 2015: Omnicom PR Revenue Grows 3.1%
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Holmes Report
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Q1 2015: Omnicom PR Revenue Grows 3.1%

Group's PR firms outperform CRM and speciality comms agencies in first quarter of this year.

Holmes Report

NEW YORK—Omnicom, which owns numerous PR firms including FleishmanHillard, Ketchum and Porter Novelli, today reported organic PR revenue growth of 3.1% for the first quarter of 2015.

On a reported basis, PR earnings grew 1.7% to $330.9m, accounting for 9.5% of Omnicom's overall revenue. The group's PR firms outperformed its CRM and speciality comms units (each +2.6%), but lagged its sister advertising agencies (+7.7%).

The group's first quarter PR growth came after an 8.5% uptick in Q4 2014, which helped Omnicom's PR revenues grow 4.1% in 2014.

Overall, the group reported that net income for Q1 2015 increased $3.6m or 1.8%, to $209.1m. Worldwide revenue was up 5.1% on an organic basis, but slipped 0.9% to $3.47 billion due to the impact of foreign exchange rates.

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