Omnicom: EPS up by almost 6% in Q3

(CercleFinance.com) - On Tuesday evening, Omnicom reported Q3 2024 adjusted EPS that is up 5.
7% at $2.03, despite an adjusted EBITA margin that fell 0.1 point to 16%, on revenues that rose 8.5% to $3.88bn. NB: pmt -4%.

The communications group points out that this increase in revenues is based on organic growth of 6.5%, driven by advertising-media (+9.4%) and experiential (+35.3%) activities, to which the effect of acquisitions has been added.

Our cash flow has improved, and we have continued our highly disciplined capital allocation. With the new contracts we have won from our customers, we expect to end the year on a strong note, it said.


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