Dentsu reports more than 8% group organic growth

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August 12, 2022

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1 minute

In brief: Dentsu reported group organic growth of 8.2% in the second quarter, or 8.9% excluding Russia, in its latest earnings.

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Ella Sagar Ella Sagar is a reporter for The Media Leader and leads our audio and out-of-home coverage. She joined in September 2021 and has a gold standard NCTJ. She previously wrote for the South West Londoner, Ealing Times, and The Hillingdon Times. At the University of Leeds, she received a First Class Honours Degree in French and Spanish with distinction in speaking and during her time there regularly presented radio shows on Leeds Student Radio, wrote for the student paper The Gryphon and was editor of Her Campus Leeds.

Dentsu reported group organic growth of 8.2% in the second quarter, or 8.9% excluding Russia, in its latest earnings.

This broke down to 7.9% for the Dentsu Japan Network and 8.4% for Dentsu International.

H1 FY2022 saw growth in all regions through “continued growth in media” as well as increased client spend on digital transformation initiatives.

Group net revenue for January to June 2022 was 518.9bn yen (£3.20bn or $3.88bn), an increase of 17.8% year-on-year and 11.5% on a constant currency basis.

Customer transformation and technology grew 22.5%, making up nearly a third (32.3%) of group revenues.

Looking forward, Dentsu “retains confidence” in medium-term targets of 4- 5% organic growth with a 17.7% operating margin, despite the impact of Russia by FY2024.