Ben Bold
Oct 16, 2019

Omnicom falls short but still posts 2.2% organic growth in Q3

Organic growth was only up 0.4% in Asia-Pacific

Omnicom: wins this year include Virgin Media

Omnicom posted organic growth of 2.2% in the third quarter of 2019, in contrast to Publicis Groupe, which last week reported a 2.7% decline.

The US-owned ad holding group reported that total revenue fell 2.4% to $3.6bn in the third quarter, compared with $3.7bn in the same period last year, blaming the negative effects of foreign exchange rates and a decrease in acquisition revenue.

Analysts said revenue fell short of...

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