Posts Tagged "Omnicom"

Ascential plc (“Ascential”) is pleased to announce that the sale of its Digital Commerce business to Omnicom Group Inc. (“Omnicom”) has today completed

Ascential plc, today announces that it has entered into agreements, subject to shareholder approval, to sell its digital commerce business to Omnicom Group Inc., and its product design business (“WGSN”) to Wind UK Bidco 3 Limited, a newly-formed company established by funds advised by Apax Partners LLP for a combined enterprise value of £1.4 billion and cash proceeds of £1.2 billion.

It has been a miserable year for the holding companies that own the world’s largest advertising groups, with shares in WPP, Publicis, Omnicom and Interpublic Group all down sharply over the past 12 months. Consumer groups are rethinking their marketing spending while unease about the effectiveness of digital advertising has damped investor spirits. With advertising’s Mad Men in danger of becoming sad men, what future is there for the holding companies? Their business model, which has traditionally brought together creative agencies, media buying and planning groups, is under attack on multiple fronts.

The company said organic revenue growth was 5.1% with 3.9% growth from acquisitions and 1.5% from currency fluctuations. By comparison the Interpublic Group last week reported organic revenue growth of 6.7%, Omnicom 3.8% and Publicis Groupe 2.9%

The strength of the U.S. dollar continued to suppress revenue growth at Omnicom Group in the first quarter: revenues worldwide were up just 0.9% to about $3.5 billion. The company said currency fluctuations in the first quarter cost it about $97 million in top line growth. Organic growth, which excludes the impact of currency fluctuations, acquisitions and asset sales, was better — up 3.8% globally and 4.5% in the North America market, which accounts for 61% of the company’s business

Interpublic Group reported 6.1% organic revenue growth for 2015 on total revenues of $7.54 billion. The company’s organic growth in the fourth quarter of the year was 5.2% with total revenue of $2.2 billion

Omnicom’s BBDO has increased its access to the fashion and luxury brands sector after acquiring a majority steak in the Wednewsday Agency Group

Publicis Groupe continues to lag behind its peers in organic growth for 2015. Today the company reported just 0.7% organic growth (which excludes the impact of currency fluctuations, acquisitions and asset sales) for the third quarter and 1% for the first nine months.By comparison, Omnicom posted growth of 6.1% for Q3 and 5.5% for the first nine months.

Omnicom warned that the strong US dollar would weigh on revenues this year, as it reported higher revenues and profit in the fourth quarter

On an organic sales basis, which includes the full impact of digital billings, WPP was up 7.6%

Omnicom Media Group’s global head of investment has said that the planned launch of a second agency trading desk by WPP, revealed by Mumbrella last week, could have come about because the agency giant “hit barriers” with its first trading desk, Xaxis. For the full story read mUmbrella

Revenue between July and the end of September was €1.75bn, just 1 per cent higher than a year earlier in organic terms

Omnicom reported a 7.4% gain in revenue for the third quarter to more than $3.7 billion, with a 24.4% net income gain to $243.8 million

Omnicom’s TBWA is looking at as many as six more acquisitions spread out over the next four quarters. This is according to Derek Bouwer, ‎CEO at TBWA\South Africa. The Omnicom-owned group, says Bouwer, is taking a different approach from rivals WPP and Publicis in its acquisition strategy. At the end of 2013, TBWA acquired 80% […]

For the world’s largest marketing services companies such as WPP, Publicis and Omnicom, buying and selling online advertising space has become a lucrative business. But the agency groups face a growing problem: many advertisers are worried that they are being exploited by opaque business practices

Elliott Management, the activist hedge fund, has acquired a stake in Interpublic Group and plans to push the $8.5bn advertising company to sell itself to a rival such as Publicis, Omnicom or WPP. For the full story read The FT

The change in organic revenue in the second quarter of 2014 compared to the second quarter of 2013 in our four fundamental disciplines was as follows: advertising increased 10.5%, CRM increased 1.1%, public relations increased 4.1% and specialty communications increased 0.2%

Omnicom continues to expand its footprint in Brazil. Earlier this year, Omnicom’s TBWA took a majority stake in Brazil’s advertising agency Mood

Omnicom continues to expand its footprint in Brazil. Earlier this year, Omnicom’s TBWA took a majority stake in Brazil’s advertising agency Mood

Omnicom Media Group has collected the most medals in the Media Lions category among the media agency holding companies