Daniel Farey-Jones
Feb 13, 2019

Omnicom wary of 'wounded competitors' but delivers 2.6% organic growth

Investors reassured by steady results following Publicis shock.

John Wren

Omnicom chief executive John Wren has told analysts that the holding company’s wounded competitors have made the agency business more competitive over the past six months.

Wren made the reference when pressed to explain why Omnicom had produced organic growth of 2.6% in the course of 2018 and why he was forecasting a similar performance in 2019. 

When you’re running a company, you don’t mind it when your competitors are weak,...

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