Dentsu's organic revenue falls but growth forecast for full year

By AdNews | 14 November 2022
 
Credit: Luna Kay

Dentsu reported a 3.7% fall in organic revenue for the September quarter.

The results, which the Japan-based global advertising group described as "strong," was impacted by the exceptional prior year one-off comparable in Japan.

The company's Japan Network reported -15.1%, with the third quarter growth rate vs 2019 improving against the second quarter - demonstrating the underlying demand in the Japanese market.

Dentsu International reported 5.4% organic growth, led by continued demand for digital experience and customer focused transformation services.

The group expects 4% to 5% organic growth for the full financial year  with margins at 18% excluding Russia. 

 

Dentsu also announced the One dentsu leadership team. One dentsu will simplify the Group structure, allowing the business to foster agile decision-making, strategic focus and clarity across the group whilst driving operational excellence across all functions.

The global leadership team will ensure further integration of diverse capabilities to deliver top line growth for clients while allowing the company to realise sustainable growth in of corporate value. 

dentsu sept 2022 quarter

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