Omnicom Group Inc
0KBK.L
$77.84 1.52%
Exchange: LSE | Sector: Technology | Industry: Media Entertainment
Q3 2024
Published: Oct 16, 2024

Earnings Highlights

  • Revenue of $3.88B up 8.5% year-over-year
  • EPS of $1.95 increased by 4.8% from previous year
  • Gross margin of 19.6%
  • Net income of 385.90M
  • ""We believe investment in digital transformation will continue to position us as leaders in driving growth."" - John Wren, CEO

Omnicom Group Inc (0KBK.L) Q3 2024 Financial Results: Steady Growth Amid Market Challenges

Executive Summary

In Q3 2024, Omnicom Group Inc (0KBK.L) reported a revenue of $3.88 billion, reflecting a year-over-year increase of 8.51% and a modest sequential growth of 0.75%. The company demonstrated solid operational efficiency with an operating income of $600.1 million, achieving an operating margin of 15.4%. Management emphasized ongoing investments in technology and innovation as critical drivers of growth, despite challenges posed by a dynamic market environment. The net income for the quarter reached $385.9 million, up 3.76% year-over-year, translating to an earnings per share (EPS) of $1.97, which represents a quarterly improvement of 17.96%. Omnicom's management remains optimistic about future revenue growth, highlighting strategic acquisitions and a focus on digital transformation as pivotal to capturing market share in the advertising landscape.

Key Performance Indicators

Revenue

3.88B
QoQ: 0.75% | YoY:8.51%

Gross Profit

761.00M
19.60% margin
QoQ: 12.06% | YoY:8.25%

Operating Income

600.10M
QoQ: 17.60% | YoY:7.01%

Net Income

385.90M
QoQ: 17.62% | YoY:3.76%

EPS

1.97
QoQ: 17.96% | YoY:4.79%

Revenue Trend

Margin Analysis

Key Insights

  • **Revenue**: $3.88 billion (YoY: +8.51%, QoQ: +0.75%)
  • **Gross Profit**: $761 million (YoY: +8.25%, QoQ: +12.06%)
  • **Operating Income**: $600.1 million (YoY: +7.01%, QoQ: +17.60%)
  • **Operating Margin**: 15.4%
  • **Net Income**: $385.9 million (YoY: +3.76%, QoQ: +17.62%)

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q2 2025 4,015.60 1.31 +4.2% View
Q1 2025 3,690.40 1.45 +1.7% View
Q4 2024 4,322.20 2.26 +6.4% View
Q3 2024 3,882.60 1.95 +8.5% View
Q2 2024 3,853.80 1.65 +6.8% View