TVNewser AgencySpy TVSpy LostRemote FishbowlNY FishbowlDC SocialTimes AllFacebook 10,000 Words GalleyCat UnBeige MediaJobsDaily

Omnicom’s PR Revenue Grew 6.5 Percent in Q1

Omnicom earnings announcement for Q1 2012 showed an overall 6.5 percent revenue growth for the company’s PR business during the quarter, totaling $306.9 million. Organic growth was 4.4 percent for the quarter. PR accounts for 9.3 percent of Omnicom’s total revenue. Omnicom’s PR firms include Ketchum, Fleishman-Hillard, and Porter Novelli.

Global revenue for the company was up five percent for the quarter to $3.3 billion. Domestic revenue was up four percent to $1.7 billion; international revenue was up 5.9 percent to $1.6 billion. And net income was up 1.3 percent for the quarter to $204.6 million.

The earnings results were above expectations, but CEO John Wren said he was “cautiously optimistic” with Europe most at risk of any region around the world. Japan is headed in a positive direction after the earthquake and tsunami last year, reaching positive organic growth for the first time since 2010.

For more, check out the earnings release here and the complete earnings report here.

Mediabistro Course

Public Relations

Public RelationsStarting October 1, learn how to get your foot in the door and launch your PR career! Taught by the former VP of Corporate Communications at Playboy Enterprises, Linda Marsicano will teach you how to draft pitch letters and press releases, develop and implement PR plans, garner media coverage, and other skills you need for a successful career in public relations. Register now!