PR profits look good now, but wait until the third and fourth quarters before popping the bubbly
Second-quarter earnings reports for several PR-holding companies have rolled in, and the news is good. Publicis, Interpublic, and Omnicom saw their revenues increase from last year. Does that mean the coast is clear? The recession is slain, time to come out and celebrate? Not yet, says PR Week . “It should be noted that Q2 last year was right in the midst of the harshest chills of the recession and that comparables were almost inevitably going to be better in 2010,” reports PR Week . “I…
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