By Matthew Miller
Overall underlying profit grew 20.8 per cent as margins improved.
Dentsu Group has reported what it calls a “very encouraging start to the year”, with organic revenue declining 2.4 per cent in the first quarter on a year-on-year basis (-0.9 per cent for Dentsu Japan Network and -3.5 per cent for Dentsu International).
The company reported a 1.8 per cent decline in total revenue less cost of sales (LCOS) on a constant-currency basis (0.0 per cent for Japan and -3.1 per cent for Dentsu International). Topline revenue was ¥249bn ($2.28bn; £1.62bn).
The Americas performed worst in organic growth, followed by APAC (excluding Japan), EMEA, and then Japan.
I
To continue reading this article you need to be registered with Campaign. Registration is free and only takes a minute. Register Now or sign in below if you already have an account.
