Omnicom Group Q3 revenue stands at $3,578 mn
The group has registered 2.5% organic revenue growth in Asia Pacific
Omnicom Group has registered organic revenue growth of 3.3% for the quarter ended September 30, 2023.
Omnicom's revenue for Q3 stood at $3,578 millions as compared to $3,443 in the same quarter last financial year.
The group's organic growth by region in the third quarter of 2023 compared to the third quarter of 2022 was as follows: 2.7% for the United States, 5.7% for Euro Markets & Other Europe, 4.4% for the United Kingdom, 19.2% for Latin America, and 2.5% for Asia Pacific.
"We are pleased with our strong organic revenue growth of 3.3%, with notable performances in our Advertising & Media, Precision Marketing, and Healthcare disciplines. Our year-to-date organic growth of 4.0% remains in line with our full-year expectations, which reflects the resiliency of our business even in periods of economic uncertainty," said John Wren, Chairman and Chief Executive Officer of Omnicom.
"Omnicom continued to post strong profitability and earnings growth in the quarter, and our recent business wins validate the benefits of our client strategy in this rapidly evolving marketplace. We are very well positioned for a recovery in business conditions, with a strong balance sheet and leading creativity in all of our service disciplines."
