Omnicom: Q1 EPS up 4%

(CercleFinance.com) - On Tuesday evening Omnicom reported a 3.
7% increase in adjusted EPS to $1.67 for Q1 2024, as well as a 4.1% increase in adjusted EBITA to $500.4m, representing a margin that is down 0.2 point to 13.8%.

The communications group's revenues rose by 5.4% to $3.63bn, driven by organic growth of 4% and the acquisition of Flywheel Digital in its precision marketing discipline.

By discipline, organic growth was driven in particular by advertising and media (+7%) and experiential (+9.5%), while geographically, Latin America delivered by far the best performance (+22.3%).


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