Strong Q1 Profit Rise for Stagwell

Marketing group Stagwell has reported first quarter revenue of $704m, up 8% versus Q1 2025, equivalent to 1.6% organic growth. Adjusted EBITDA was up 9% to $90m.

Stagwell is the owner of the Harris Poll and Harris X brands, and of media monitoring firm Unicepta. It recently retired the separate brand of another acquired company, Maru Group - now known as Harris Poll UK. Since the end of the first quarter, the group has launched Lou, an AI analyst within its brand tracking platform HarrisQuest, and named after founder Louis Harris.

The firm reiterated financial guidance for the full year, forecasting Total Net Revenue growth of 8% to 12%, and adjusted EBITDA of $475 million to $525 million, with figures including anticipated impact from acquisitions and/or dispositions.

Mark Penn (pictured), Chairman and CEO says the company is still 'on a path for a great 2026, bolstered by record new wins, its first government contracts, and its pivot to delivering agentic applications for the marketing industry.' He adds, 'On a two-year stack, our Digital Transformation segment is accelerating to 22% organic net revenue growth as we apply AI to drive industry-leading results for our clients.'

Web site: www.stagwellglobal.com .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.