NEW YORK, July 1, 2015 /PRNewswire/ -- New York based 5WPR, one of the 20 largest independently owned American Public Relations companies announced today that Q1 & Q2 2015 revenues were the company's largest since the firm's founding in 2003. The firm is projecting 15% growth year over year. The revenue for 5W PR in 2014 exceeded $19.2 Million.
The firm's growth is attributed to client retention and expansion, combined with new client acquisition in numerous practice areas, including consumer, crisis communications, technology, healthcare communications, corporate and beauty. The company has seen significant growth in the digital marketing arena, and currently has over 120 communications professionals on staff.
"The Public Relations industry continues to grow, and we are pleased to report record high revenues for the first half of 2015. It has recently been reported that there's an estimated $15 Billion Dollars being spent worldwide with PR Agencies, and we expect our firm will continue to grow," noted Ronn Torossian, Founder & CEO of 5W Public Relations. "So far in 2015, we have won numerous high-profile awards, including American Business Awards, SABRE Awards and more in multiple categories. For the third year in a row we have been named finalists for PR Agency of the year. We are proud of the amazing, creative work our staff does for our clients. From content creation to media relations, digital marketing to influencer relations, we continue to expand as a fiercely independent PR firm."
"PR is a mix of journalism, psychology, and lawyering – it's an ever-changing and always interesting landscape. We continue to achieve success via cutting-edge, customized campaigns that drive our clients' businesses. The companies we are in business continue to grow and win, in part because of successful marketing programs. Our client roster includes the fastest growing beverage brand in America, the fastest growing, largest privately held big-data company in America, the most profitable retail item on major department stores shelves, one of the largest European e-commerce companies, major venture-backed technology companies and others whom we are achieving success for our clients. Onward and upward," added Torossian.
About 5W Public Relations:
5W Public Relations is an award-winning, full-service firm known for innovative programs that engage with businesses, individuals and ideas. With over 120 driven professionals serving clients in industries spanning Beauty & Fashion, Consumer Brands, Entertainment, Food & Beverage, Health & Wellness, Travel & Hospitality, Technology, Nonprofit, Corporate Communications and Reputation Management, Public Affairs, Crisis Communications and Digital Strategy, 5W PR provides leading businesses a resourceful, bold and results-oriented approach to communications. 5W's creative campaigns, client results and exceptional team members have earned they agency multiple awards from industry organizations including PR Agency of the Year, PR Executive of the Year, Product Launch of the Year, Business to Business Program of the Year, Digital/Social Media Campaign of the Year and more.
Contact: Ronn Torossian, 5W PR firstname.lastname@example.org 212-999-5585
SOURCE 5W Public Relations