Omnicom posted revenue of $US3.7 billion in the March quarter, with organic growth at 3.4%, as the company faces a "challenging" economic environment.
The result was led by Media & Advertising and Precision Marketing, which together grew at 7%.
However, net income at the global advertising group dropped almost 10% to $287.7 million, down from $318.6 million in the same quarter last year.
Omnicom is the second holding company to reveal March quarter results. Publicis Groupe yesterday posted organic revenue growth of 4.9%.
“We are assessing the implications of economic and market events to determine how they will affect our clients and business for the remainder of 2025,” said Omnicom CEO John Wren.
“While uncertainty has increased, one thing hasn’t changed and will always be true – Omnicom is a trusted partner for our clients, offering strategic advice to grow their sales while delivering flexibility, value and performance.
“I am confident that our diversified portfolio and strong balance sheet, together with our experienced leadership teams, will allow us to navigate this challenging economic environment.
“We are also very excited about the expected closing of the Interpublic acquisition in the second half of this year.
“It will give the combined company substantial opportunities for revenue growth and distinctive cost synergy potential to drive increased profitability, EPS growth and free cash flow."
Organic growth by region: 4.6% for the US, 1.7% for Euro Markets & Other Europe, 6% for Asia Pacific, and 14.8% for Latin America, partially offset by declines of 3.6% for Other North America, 0.7% for the UK and 9.3% for the Middle East & Africa.
March quarter 2025:
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