Strong Client Sector Growth
Client sector growth was led by strong increases in the food and beverage, financial services, and tech and telecom sectors.
Adjusted EBITDA and Margin Improvement
Adjusted EBITDA was $393.7 million with a margin of 18.1%, reflecting significant structural cost reduction and strong performance in media and healthcare.
Shareholder Returns
Returned $98 million to shareholders under the share repurchase program, totaling $188 million year-to-date.
Successful Strategic Transformation
Significant progress in greater functional centralization and leveraging tech-driven platform benefits, expected to exceed initial objectives for enterprise redesign and operating efficiencies.
Progress on Omnicom Acquisition
Secured antitrust clearance in all but four jurisdictions, including FTC clearance in the US, remaining on track for completion in the second half of the year.