Omnicom on 'Clear Path to Growth' Despite 1.8% Decline for Q1

The network reported annual growth and a 10.8% rise in operating profit to $45.2 million

Experience ADWEEK House at Cannes, June 16-19. We’re celebrating 45 years of reporting with Now and Next—a creative opportunity for brands to define who they are and their future in the industry. Register .

Omnicom Group has reported an increase in net income of 11.5% year-on-year in its Q1 earnings for 2021, despite seeing its organic growth decline 1.8% over the first three months of the year.

The holding company, which owns agency networks such as TBWA, BBDO and OMG, announced net income of $287.8 million compared to $258.1 million from the same period in 2020. It also saw a 0.6% increase in worldwide revenue to $3,426.9 million from $3,406.9

AW+

WORK SMARTER - LEARN, GROW AND BE INSPIRED.

Spring Special

Save 30% Off an ADWEEK Subscription Today!

View Your Options

Already a member? Sign in