Omnicom turns in 1.2 per cent growth in Q1 PR revenues

Ketchum parent group Omnicom has reported 1.2 per cent organic revenue growth at its PR division for the first quarter of 2014.

The unit recorded $325.4m (£193.4m) in revenues for the quarter, which was a 2.2 per cent rise on a reported basis.

Other than Ketchum, Omnicom owns agency networks FleishmanHillard and Porter Novelli. In the UK it owns Fishburn and has a majority stake in Portland.

The Omnicom group as a whole, which includes advertising and media agencies, made revenues of $3.5bn (£2.1bn) for the quarter and net income of $212.3m (£126.2m).

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