- Omnicom (NYSE:OMC) has opened up off 1.6% after Q4 earnings where it beat profit expectations but revenues missed after foreign exchange proved a bit of a drag.
- Profits rose 8.9% and revenues were up 2.1% after a negative 1.8% forex impact; organic revenue growth was 3.6%. EBITA rose 4.5% to $631.4M, and EBITA margin rose to 14.9% vs. a year-ago 14.5%.
- Organic revenue growth by region: North America, 0.6%; United Kingdom, 8.5%; Euro Markets and Other Europe, 6.2%; Asia Pacific, 9.5%; Middle East and Africa, 29%; Latin America, -6.2%.
- Organic revenue growth by discipline: Advertising, 4.6%; CRM, 0.4%; Public Relations, 7.7%; Specialty Communications, 5.7%.
- Conference call link
- Press Release