CommPRO Editorial Staff
5W Public Relations, one of America’s ten largest privately-held PR agencies, announced 2018 revenue, posting gross revenue of $35.3 Million and net fee income of $32.4 Million for the year. The agency’s 2018 revenue figures reflect a 17.7% year-over-year growth.
According to Ronn Torossian, President & CEO of 5WPR, “There are many reasons 5WPR continues to achieve double digit growth and continues to achieve success. We have best of breed practice areas which allows us to be the best in the practice areas we work. It lets us go really deep into areas in which we are good – from beauty to influencer marketing, technology pr to corporate communications we simply are the best at what we do. We are also entrepreneurs – having started out of 1 room and now having 2 floors in the Helmsley Building, we treat every day like its our first. We are really proud to have achieved $35 Million in revenue for 2018 wth 17.7% year-over-year growth – and confident 2019 will continue to see significant growth for the agency.”
5W saw strong revenue growth in 2018 across the firms’ four primary practice areas: Corporate, Consumer (Health & Wellness, Beauty & Grooming, Food & Beverage, Home & Housewares, Travel and Lifestyle), Technology (B2B and B2C) and Digital.