Solid Organic Growth and Financial Performance
Omnicom Group Inc. reported a solid 3% organic growth for the quarter, in line with expectations. Non-GAAP adjusted EBITDA margin was 15.3%, and non-GAAP adjusted net income per share increased by 5.1% to $2.05. Cash flow remained strong, supporting dividends, acquisitions, and share repurchases.
Progress on Interpublic Acquisition
Omnicom reached a major milestone with antitrust approval for the Interpublic acquisition in the United States, with 13 out of 18 required jurisdictions approved. The transaction is expected to complete in the second half of the year, with anticipated synergies of $750 million.
Strong Performance in Media and Advertising
Media and advertising segments grew 8%, driven by strong growth in media business and mixed performance in advertising. The company continues to invest in technology platforms and tools that differentiate it in the marketplace.
Recognition in Creative Excellence
Omnicom's agencies received high honors at the Cannes Lion Festival of Creativity, with OMD Worldwide winning Media Network of the Year and DDB Worldwide winning Network of the Year.
Strategic Focus on Generative AI
Omnicom is deploying generative AI and agentic capabilities to reshape value creation for clients, enhancing creativity and operational efficiency across marketing workflows.
Leadership and Organizational Changes
Omnicom welcomed Susan Catalano as the new Chief People Officer and reorganized its data and technology assets into a new platform organization to support growth and client ambitions.