Tuesday, October 16, 2018
Omnicom CEO John Wren today reported a 13.4 percent rise to $298.4M in third-quarter net income on flat revenues of $3.7B.
Organic growth clocked in at 2.9 percent.
The US region, which accounts for 53.7 percent of revenues, registered a flat quarterly performance, though organic growth ticked up by 0.6 percent.
The FleishmanHillard, Ketchum, Porter Novelli-led PR group showed a 0.7 percent advance in Q3 revenues to $356M. Organic growth was up 2.3 percent.
PR, which accounts for 9.5 percent of OMC revenues, reported a 2.5 percent nine-month revenue gain to $1.1B.