- Omnicom (NYSE:OMC) is up 3.3% after its Q4 beat on the bottom line as profits grew nearly 4% and revenues grew despite currency challenges.
- Worldwide revenue fell 1%; organically, revenue grew 4.8%, but was reduced by acquisitions (decline of 0.2% net of dispositions) and a 5.6% decrease due to impact of foreign exchange.
- EBITA fell 0.9% in Q4 to $604M; EBITA margin of 14.5% was unchanged from the prior year.
- Regional organic revenue breakout: North America, up 4.7%; UK, up 4.9%; Euro Markets and Other Europe, up 3.5%; Asia Pacific, up 8.6%; Latin America, up 0.4%; Africa/Middle East, up 5%.
- Q4 By discipline: Advertising up 12.6%; CRM down 1.5%; public relations down 6.9%; specialty communications down 5.9%.
- Conference call link
- Press Release