Omnicom Reports 6.5% Organic Revenue Growth in Q3

Omnicom reported $3.9 billion in revenue for its fiscal quarter ending Sept. 30. Organic growth was up 6.5% year over year, coming in slightly higher than last quarter’s 5.2% organic growth.

Advertising and media services, as well was experiential, drove the revenue increases, up 9.4% and 35.3% year-over-year, respectively. 

The holding company maintained its guidance of 4% to 5% growth for 2024, despite uncertainties around the upcoming election and Q4 spending.

The watercooler talk

Omnicom’s margins were roughly flat at 15.5%