Ogilvy 62% growth
Ogilvy Romania has also cracked the 100 million-euro mark due to the addition of new accounts to its portfolio, such as Cosmote, Heineken, and Coca-Cola (Cappy). The group reported solid performance across the board, with 19-118% growth. Company-wide profit increased to 1.2 – 2.1 million euros. The ad agency Ogilvy & Mather was the year’s growth driver, its standalone profit soaring 26 times in the period under review.
Last year’s solid growth will stabilize the group’s performance throughout this year, according to
Manuela Necula (photo), CEO Ogilvy Group. “As we entered into 2009, we enjoyed a solid position: professional and skillful team, client portfolio built on ethical principles. And we had a good running start and that helped us cope with the first six months”.
Agency | Billings 2008 (euros) | YoY chg (%) | Profit 2008 (euro) |
Ogilvy & Mather | 7,097,984 | +118.6 | 541,057 |
Mindshare | 49,682,147 | +98 | 731,706 |
Mediaedge:cia | 29,960,259 | +19.3 | 227,301 |
Ogilvy PR | 4,420,059 | +73 | 62,094 |
OgilvyAction | 9.704,193 | +49.4 | 464,919 |
OgilvyOne | 2,306,825 | +99.9 | 90,949 |
Total | 103,171,467 | +62 | 2,118,026 |
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