Omnicom Grows Revenue 11% in Q2

Inspiration meets innovation at Brandweek, the ultimate marketing experience. Join industry luminaries, rising talent and strategic experts in Phoenix, Arizona this September 23–26 to assess challenges, develop solutions and create new pathways for growth. Register early to save.

BOSTON Shrugging off the impact of two key client losses and some slowdown in domestic growth, Omnicom Group, the largest agency holding company, today reported second-quarter net income of $307 million on revenue of $3.48 billion, both gains of approximately 11 percent compared to the same quarter a year ago.

Diluted earnings per share in Q2 rose more than 14 percent to 96 cents compared to the year-ago period.

Organic revenue, which excludes the impact of currency fluctuations and acquisitions, rose about 5 percent.

The overall performance was generally in line with analysts’ expectations.

For

AW+

WORK SMARTER - LEARN, GROW AND BE INSPIRED.

Subscribe today!

To Read the Full Story Become an Adweek+ Subscriber

View Subscription Options

Already a member? Sign in