Brunswick maintained its second place in the PRWeek Top 15o table, with UK revenue up by about one per cent on the previous year, according to estimates from the company. Finsbury’s growth in the UK was also minimal, PRWeek estimates suggest.
Finsbury's North America CEO Paul Holmes told PRWeek that uncertainty caused by the UK’s EU referendum and the US presidential election "gave some companies a certain amount of pause".
But he said the agency made a "qualitative leap" in 2016. "We did some really important things last year, in terms of who we are and what we can offer to our clients." Highlights included the partnership with fellow WPP financial agency Hering Schuppener of Germany.
For Brunswick, revenue growth in the UK was slower than in markets including Continental Europe and the Middle East. Global growth was six per cent.
Brunswick's M&A highlights in the year included the divestment of National Grid's gas-distribution assets; AB InBev's acquisition of SABMiller and Japanese tech giant Softbank's purchase of the UK's ARM Holdings. In the latter two cases, its old friend Finsbury was advising the other side.
- Read more in the full Global Agency Business Report profiles on Brunswick and Finsbury. Click for the full PRWeek Top 150 rankings for 2016, and read our full analysis of the definitive report on the UK PR sector.