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FleishmanHillard Hires Shameek Bose as Partner and Global Lead, Responsible Business and Global Impact
Prnewswire· 2024-07-31 14:00
"FleishmanHillard is helping guide clients on their transformation journeys as they navigate the complexities of responsible growth, while minimizing risk and achieving both their sustainability goals and long-term value creation," said J.J. Carter, global COO and president, Americas. "Shameek has tremendous experience helping businesses scale while making a positive impact on our world. We're thrilled to be able to bring his talent to our clients." Bose joins FleishmanHillard from Accenture where he helped ...
OMNICOM PRICES $600 MILLION SENIOR NOTES OFFERING
Prnewswire· 2024-07-30 23:05
NEW YORK, July 30, 2024 /PRNewswire/ -- Omnicom (NYSE: OMC) today announced the pricing of its public offering of $600 million aggregate principal amount of 5.300% Senior Notes due 2034 (the "Notes"). The Notes will mature on November 1, 2034. The transaction is expected to close on August 2, 2024, subject to the satisfaction of customary closing conditions. The Notes will not be listed on any securities exchange or included in any automated quotation system. The Notes will bear interest at a rate of 5.300 ...
Omnicom Group: Multiple Growth Catalysts Ahead
Seeking Alpha· 2024-07-22 18:15
We Are I am positive about Omnicom Group (NYSE:OMC). My summarized thesis is that OMC growth is inflecting back to mid-single digits, and growth should easily sustain itself at this level given the various catalysts over the near-to-long term. Margins are also trending nicely back to the high-teen percentage level, and with this performance outlook, I see an attractive 21% upside to the share price. OMC is a company that addresses businesses and organizations' need for marketing solutions. Through its netwo ...
Investing in Omnicom (OMC)? Don't Miss Assessing Its International Revenue Trends
ZACKS· 2024-07-22 14:16
Have you evaluated the performance of Omnicom's (OMC) international operations for the quarter ending June 2024? Given the extensive global presence of this advertising company, analyzing the patterns in international revenues is crucial for understanding its financial strength and potential for growth. The global economy today is deeply interlinked, making a company's engagement with international markets a critical factor in determining its financial success and growth path. It has become essential for in ...
OMNICOM MEDIA GROUP AGENCIES OUTPERFORM FOR GROWTH ACROSS ALL FOUR REGIONS
Prnewswire· 2024-07-22 11:00
Core Insights - Omnicom Media Group (OMG) has been identified as the number one global media group for growth in both absolute and relative terms across various regions, particularly in LATAM and EMEA [2][4] - OMG agencies have achieved significant billings growth, with OMD leading in North America and Hearts & Science excelling in APAC, EMEA, and LATAM [3][4] Group 1: Growth Performance - OMG agencies outperformed the market in billings growth across all four regions, driven by notable wins in 2023 including Beiersdorf, Grupo Bimbo, and Uber [1][2] - OMD reported billings of $10.18 billion in North America, maintaining its top position since 2017, with a year-over-year growth rate of 6.8% [3] - Hearts & Science achieved a global growth rate of 9.5%, the highest among all media holding company agency networks [4] Group 2: Digital Spend Leadership - OMG has the highest digital share of spend among the six global media groups, with over 50% of billings attributed to digital across all its agencies [2] - The company's "Agency as a Platform" strategy, supported by the Omni operating system, enhances its competitive advantage by integrating various resources for clients [5] Group 3: Recent Achievements and Partnerships - OMG was recognized as the most honored media group at the Cannes Festival of Creativity, with OMD named Media Network of the Year [6] - The company has established partnerships with major platforms like Amazon and TikTok to enhance media investments and sales connections [6] Group 4: New Business Wins - OMG holds the best year-to-date total new business record among the Big Six global media groups, with $4.6 billion in wins [7] - OMD's new business wins in North America stand at $654.9 million, while PHD leads globally with nearly $3 billion in new business [8]
Omnicom (OMC) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
ZACKS· 2024-07-17 14:31
For the quarter ended June 2024, Omnicom (OMC) reported revenue of $3.85 billion, up 6.8% over the same period last year. EPS came in at $1.95, compared to $1.81 in the year-ago quarter. The reported revenue represents a surprise of +1.12% over the Zacks Consensus Estimate of $3.81 billion. With the consensus EPS estimate being $1.88, the EPS surprise was +3.72%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next ...
Omnicom Group(OMC) - 2024 Q2 - Quarterly Report
2024-07-17 00:44
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐ No ☑ As of July 10, 2024, there were 195,648,843 shares of Omnicom Group Inc. Common Stock outstanding. OMNICOM GROUP INC. QUARTERLY REPORT ...
Omnicom Group(OMC) - 2024 Q2 - Quarterly Results
2024-07-16 20:10
Notes 1-4, see page 10. OMNICOM REPORTS SECOND QUARTER 2024 RESULTS Revenue of $3.9 billion, with organic growth of 5.2% Net income of $328.1 million Diluted earnings per share of $1.65; $1.95 Non-GAAP adjusted Non-GAAP adjusted EBITA of $589.6 million and 15.3% margin NEW YORK, July 16, 2024 - Omnicom (NYSE: OMC) today announced results for the quarter ended June 30, 2024. Revenue SG&A expenses increased $11.9 million, or 12.0%, to $111.0 million, primarily due to professional fees related to our acquisiti ...
Omnicom Reports Second Quarter 2024 Results
Prnewswire· 2024-07-16 20:02
Revenue of $3.9 billion, with organic growth of 5.2% Diluted earnings per share of $1.65; $1.95 Non-GAAP adjusted NEW YORK, July 16, 2024 /PRNewswire/ -- Omnicom (NYSE: OMC) today announced results for the quarter ended June 30, 2024. | --- | --- | --- | --- | --- | |--------------------------------------------------|-----------|-------|------------------------------|--------| | | | | | | | | | | | | | $ in millions, except per share amounts | 2024 | | Three Months Ended June 2023 | 30, | | | | | | | | Reve ...
Omnicom (OMC) Gains on Flywheel Acquisition Amid Low Liquidity
ZACKS· 2024-07-11 16:01
The company gains from investments made in precision marketing, data, analytics and others. Diversification in its revenue stream helps it tackle the dynamism of the advertising and marketing industry. However, a current ratio of less than 1 may pose a threat to the company paying off its short-term obligations. The company has a consistent record of returning value to shareholders in the form of dividends and share repurchases. In 2023, Omnicom paid out dividends of $562.7 million and repurchased shares wo ...