CHART: Omnicom's growth areas with advertising leading the charge

By Chris Pash | 18 July 2019

Omnicom released its second quarter results overnight showing good organic growth led by media and advertising in the Americas.

The results also highlight the continuing importance of advertising to the mix despite long term investment by the big holding companies in related businesses.

In the first quarter, the split was 56% for advertising and 44% for marketing and services.

Organic growth for advertising was 4.4% to $US2.09 billion compared to the same three months last year.

"Advertising's organic growth was led by our media businesses along with solid performances by most of our global and national advertising agencies," CFO Philip J. Angelastro told a briefing of analysts

However, PR was down 1.3%. Performance continues to be mixed by geographic region. The UK and Asia were positive while US, Continental Europe, and Latin America agencies were negative.

Here's Omnicom's revenue breakdown:

Omnicom revenue 2nd q 2019

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