Dentsu profits down again

Kalila Welch

November 20, 2023 10:36

Dentsu has posted its results for the third quarter of the 2023 calendar year, with profits remaining down as the Japanese advertising holding group continues to grapple with reduced client spend.

Reported net revenue was up slightly after taking a fall Q2, with an increase of 1.6% year-on-year (YoY) for ¥279 billion (A$2.86 billion), compared to ¥274 billion (A$2.81) in the corresponding quarter for 2022.

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Kalila Welch

Kalila Welch joined the Mumbrella editorial team in November 2021. She took a brief career break in mid 2023 to complete her Masters of Journalism before returning to Mumbrella for a year.

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