Ominicom Group
Omnicom Group Inc. (NYSE: OMC) has announced that its diluted net income per common share for the third quarter of 2016 increased nine cents, or 9.3%, to $1.06 per share versus $0.97 per share for the third quarter of 2015.
Omnicom’s worldwide revenue in the third quarter of 2016 increased 2.3% to $3,791.1 million from $3,706.6 million in the third quarter of 2015. The components of the change in revenue included an increase in revenue from organic growth of 3.2%, an increase in revenue from acquisitions, net of dispositions of 0.4% and a decrease in revenue from the negative impact of foreign exchange rates of 1.3% when compared to the third quarter of 2015.
Across Omnicom’s regional markets, organic revenue growth in the third quarter of 2016 was 1.7% inNorth America, 5.2% in the United Kingdom, 2.0% in the Euro Markets and Other Europe, 8.0% in Asia Pacific, 11.9% in Latin America and 15.6% in the Middle East and Africa when compared to the same quarter of 2015.
The change in organic revenue in the third quarter of 2016 as compared to the third quarter of 2015 in our four fundamental disciplines was as follows: advertising increased 3.6%, CRM increased 1.6%, public relations increased 4.4% and specialty communications increased 6.2%.
Year-to-date
Worldwide revenue for the nine months ended September 30, 2016 increased 1.8% to$11,175.1 million from $10,981.1 million in the same period of 2015. The components of the change in revenue included an increase in revenue from organic growth of 3.4%, an increase in revenue from acquisitions, net of dispositions of 0.3% and a decrease in revenue from the negative impact of foreign exchange rates of 1.9% when compared to the same period of 2015.
Across Ominicom’s regional markets for the nine months ended September 30, 2016, organic revenue growth was 3.1% in North America, 3.6% in the United Kingdom, 3.1% in the Euro Markets and Other Europe, 5.9% in Asia Pacific, 1.4% in Latin America and 5.1% in the Middle East andAfrica when compared to the same period of 2015.
The change in organic revenue for the nine months ended September 30, 2016 compared to the same period in 2015 in our four fundamental disciplines was as follows: advertising increased 6.4%, public relations increased 1.2% and specialty communications increased 4.3%, while CRM decreased 0.6%.