Dentsu Inc. posted third-quarter results today reporting 5.4% organic revenue growth and 7% growth for its international operation Dentsu Aegis Network.
Consolidated group revenue for the period was ¥243.5 billion ($2.1 billion), up 9.4%
Dentsu Aegis Network, the company’s international operation, posted organic growth of 7% in the third quarter and 4.6% for the first nine months. The company said it was the fifth consecutive quarter of improving growth and the best quarterly organic figure for the division in two years.
In the Americas region, the company posted 5.3% third-quarter growth and 5.4% for the first nine months. The performance was buoyed by higher client spending and a number of new business wins.
The positive third-quarter results were issued on the same day that the firm disclosed that Dentsu Aegis Network CEO Jerry Buhlmann was stepping down and would be replaced by Tim Andree.