Omnicom Group(OMC)

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Omnicom Group(OMC) - 2024 Q4 - Annual Report
2025-02-04 23:14
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED DECEMBER 31, 2024 Commission File Number: 1-10551 OMNICOM GROUP INC. (Exact name of registrant as specified in its charter) New York 13-1514814 (State or other jurisdiction of incorporation or organization) 280 Park Avenue, New York, NY 10017 (Address of principal executive offices) (Zip Code) (I.R.S. Employer Ident ...
Omnicom Group(OMC) - 2024 Q4 - Annual Results
2025-02-04 21:14
OMNICOM REPORTS FOURTH QUARTER AND FULL YEAR 2024 RESULTS 2024 Fourth Quarter: 2024 Full Year: NEW YORK, February 4, 2025 - Omnicom (NYSE: OMC) today announced results for the quarter and full year ended December 31, 2024. "With 5.2% organic revenue growth for both the fourth quarter and full year, and even higher growth in adjusted EBITA and adjusted EPS, our strong operational execution gives us confidence for continued strength in 2025," said John Wren, Chairman and Chief Executive Officer of Omnicom. "F ...
Omnicom Reports Fourth Quarter and Full Year 2024 Results
Prnewswire· 2025-02-04 21:03
2024 Fourth Quarter: Revenue of $4.3 billion, with organic growth of 5.2% Net income of $448.0 million Diluted earnings per share of $2.26; $2.41 Non-GAAP adjusted Operating income of $685.3 million; Non-GAAP Adj. EBITA of $722.2 million with 16.7% margin2024 Full Year: Revenue of $15.7 billion, with organic growth of 5.2% Net income of $1,480.6 million Diluted earnings per share of $7.46; $8.06 Non-GAAP adjusted Operating income of $2,274.6 million; Non-GAAP Adj. EBITA of $2,434.5 million with 15.5% mar ...
Can Omnicom (OMC) Keep the Earnings Surprise Streak Alive?
ZACKS· 2025-01-31 18:11
Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Omnicom (OMC) , which belongs to the Zacks Advertising and Marketing industry, could be a great candidate to consider.This advertising company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 3.38%.For the last reported quarter, Omnicom came out ...
Omnicom Group to Post Q4 Earnings: What's in the Cards for the Stock?
ZACKS· 2025-01-31 14:50
Omnicom Group (OMC) is scheduled to release its fourth-quarter 2024 results on Feb. 4 after the bell.See the Zacks Earnings Calendar to stay ahead of market-making news.The company has an impressive earnings surprise history. It outperformed the Zacks Consensus Estimate in each of the trailing four quarters, delivering an earnings surprise of 4.6%, on average.OMC’s Q4 ExpectationsThe Zacks Consensus Estimate for the top line is currently pegged at $4.3 billion, indicating 6.8% growth from the year-ago repor ...
Omnicom Schedules Fourth Quarter and Full Year 2024 Earnings Release and Conference Call
Prnewswire· 2025-01-28 21:10
NEW YORK, Jan. 28, 2025 /PRNewswire/ -- Omnicom (NYSE: OMC) will publish its fourth quarter and full year 2024 results on Tuesday, February 4, 2025 after the New York Stock Exchange close of trading. The company will also host a conference call to review such financial results on Tuesday, February 4, 2025, starting at 4:30 p.m. Eastern Time. A live webcast of the call will be available at Omnicom's investor relations website, investor.omnicomgroup.com, along with the related earnings press release and slid ...
Credera achieves AWS Energy and Utilities Technology Competency
Prnewswire· 2025-01-28 13:00
DALLAS, Jan. 28, 2025 /PRNewswire/ -- Credera, a global consulting firm focused on transformation, MarTech, artificial intelligence (AI), and technology, today announced the achievement of the Amazon Web Services (AWS) Energy and Utilities Competency. This designation recognizes Credera as an AWS Premier Tier Services Partner with deep expertise in helping energy and utilities companies leverage AWS technologies to enhance their operations, drive digital transformation, and ensure regulatory compliance. Cre ...
Dolci Frutta Announces New Non-Alcoholic Collaboration with Baileys® Irish Cream
Prnewswire· 2024-12-19 15:13
MIDDLETON, Wis., Dec. 19, 2024 /PRNewswire/ -- A decadent new addition to Dolci Frutta's popular hard-shell dessert line, featuring the delicious flavor of Baileys Irish Cream, is hitting shelves just in time for the holidays. Dolci Frutta's new Bailey's Irish Cream flavored melting wafers are now available. Saco Foods, LLC ("Saco"), a leading distributor of specialty consumer packaged goods, has announced the release of Dolci Frutta Baileys Irish Cream Flavored Melting Wafers. The non-alcoholic Baileys ...
House probes merger of ad giants Omnicom and Interpublic over ties to anti-conservative cartel
New York Post· 2024-12-18 21:05
Core Viewpoint - The House Judiciary Committee, led by Rep. Jim Jordan, is investigating the merger of advertising giants Omnicom and Interpublic Group due to their connections with an alleged anticonservative cartel that aimed to defund certain news outlets [1][7]. Group 1: Investigation Details - The committee has ordered Omnicom and Interpublic to preserve documents and all communications with the World Federation of Advertisers (WFA) and the now-defunct Global Alliance for Responsible Media (GARM) [2]. - The companies are required to disclose measures taken to prevent repeating GARM's alleged anticompetitive practices and any politically biased "brand safety" initiatives they are involved in [2][7]. - Responses to the committee's inquiries are due by January 7 [3]. Group 2: Merger Implications - The merger, announced earlier this month, would create the largest advertising agency globally, employing over 100,000 individuals and generating nearly $25 billion in annual revenue [5]. - The investigation raises concerns about potential competition suppression, particularly regarding conservative media voices, similar to findings related to GARM's past actions [7][12]. Group 3: Background on GARM - GARM was accused of colluding to undermine conservative platforms by labeling them as harmful and influencing over 40 major companies to withdraw advertising support [7][11]. - The cartel was involved in a boycott of X (formerly Twitter) and targeted popular conservative media, including The Post and Fox News [11][12]. - GARM ceased operations in August following a federal antitrust lawsuit initiated by Elon Musk [13].
NEW COMVERGENCE REPORT PROJECTS OMNICOM MEDIA GROUP OUTPERFORMING ITS PEERS FOR RATE AND VOLUME OF GROWTH IN 2024
Prnewswire· 2024-12-18 14:30
OMG agency OMD Ranked #1 for Billings Volume and Net GrowthYear-end projections drop weeks after Forrester Wavenamed OMG a leader in a transforming media marketplaceNEW YORK, Dec. 18, 2024 /PRNewswire/ -- Omnicom Media Group (OMG), the media services division of Omnicom (NYSE: OMC) and parent company to the OMD, PHD and Hearts & Science global media agency networks is expected to finish 2024 with both the highest rate of growth and actual billings growth among all global media groups. Global Media Grou ...