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Q3 results for Omnicom, IPG and Publicis Groupe show organic growth in APAC region

Three of the ‘big four’ holding companies in marketing communications have announced their third quarter results.

Omnicom experienced an organic growth of 13.6% for the Asia Pacific region in the third quarter of 2018 compared to Q3 of 2017, with revenue of $437.9m.

In the case of Interpublic, the Asia-Pacific region registered organic growth of 7.5% with revenue of $210.6m.

For Publicis Groupe, organic growth was at 2.5% with revenue of €224m.

The earnings report from Publicis Groupe, addressing net revenue for the first nine months of 2018 said: “Asia Pacific reported growth of -12.2% and organic growth of -1.4%.

“The lion’s share of this negative performance was due to Australia (-3.3%) which has been affected until end Q2 by the expiry of the Qantas call centre management contract. Greater China recorded satisfactory growth of +0.4% despite the loss of certain accounts. Singapore saw its net revenue rise by +3.3%. In Q3, Asia Pacific grew 2.5% organically.”

Interpublic chairman and CEO Michael Roth said: “We continue to deliver notably strong growth in the United States and in many international regions.

“These results were driven by strong top and bottom-line performance in media, as well as growth from our three global creative networks, our marketing services agencies and our digital offerings.”

Outlining the segments which saw growth, Omnicom said: “Advertising increased 2.4%, CRM Consumer Experience increased 6.5%, CRM Execution & Support decreased 2.3%, Public Relations increased 2.0% and Healthcare increased 3.5%.”

WPP will announce its results for Q3 later this week.

 

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