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Reading: Dentsu Posts Impressive Q2s, As Revenues Soar Almost 20%
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B&T > Advertising > Dentsu Posts Impressive Q2s, As Revenues Soar Almost 20%
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Dentsu Posts Impressive Q2s, As Revenues Soar Almost 20%

Staff Writers
Published on: 15th August 2022 at 10:06 AM
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Tokyo-based dentsu is the latest of the holding companies to post eye-catching Q2 numbers, announcing organic growth rose 8.2 per cent year on year. Revenues were up an impressive 19.3 per cent to JPY 260 billion ($A2.74 billion).

Underlying operating profit was up 31.5 per cent on year to JPY 35 billion ($A370 million), while net profit was up 50 per cent.

Best performing regions for the company were the Americas (up 9.6 per cent), Japan (up 7.9 per cent), EMEA (up 4.9 per cent) and APAC (where Australia plays) was up 4.5 per cent.

Japan continues to contribute the most to net revenues at 42 per cent, followed by the Americas (28 per cent), EMEA (21 per cent) and APAC (nine per cent).

The company also announced it had sold its Russian operations to a local operator.

Commenting on the numbers, dentsu Group CEO Hiroshi Igarashi, said: “Our strategy of growing our revenues in the fast growth area of our industry, customer transformation and technology, brings a number of benefits to the group – transforming our client offer, our revenue profile and our cost structure.”

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Staff Writers represent B&T's team of award-winning reporters. Here, you'll find articles crafted with industry experience spanning over 50 years. Our team of specialists brings together a wealth of knowledge and a commitment to delivering insightful, topical, and breaking news. With a deep understanding of advertising and media, our Staff Writers are dedicated to providing industry-leading analysis and reporting, both shaping the conversation and setting the benchmark for excellence.

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