The company said revenue for Q2 2024 rose $3,853.8 million, or 6.8%, to $243.9 million. Organic revenue grew $188.3 million, or 5.2%, and foreign currency translation reduced revenue by $37.4 million, or 1.0%.

1. 01

   The company said revenue for Q2 2024 rose $3,853.8 million, or 6.8%, to $243.9 million. Organic revenue grew $188.3 million, or 5.2%, and foreign currency translation reduced revenue by $37.4 million, or 1.0%.

2. 02

   Omnicom said operating income for Q2 2024 fell $510.3 million, or 7.3%, to $40.4 million, and operating margin declined from 15.3% to 13.2%. Net income attributable to the company decreased $328.1 million, or 10.4%, to $38.2 million.

3. 03

   The company said operating expenses for Q2 2024 included $57.8 million of repositioning costs, mainly severance. Excluding these costs, Adjusted EBITA increased 5.5% to $589.6 million, and the Adjusted EBITA margin declined from 15.5% to 15.3%.

4. 04

   Omnicom said diluted earnings per share for Q2 2024 fell $0.17, or 9.3%, to $1.65. Non-GAAP Adjusted Net Income per Share - Diluted rose 4.8%, or $0.09, to $1.95. The company said diluted shares outstanding decreased to 198.5 million as a result of net share repurchases.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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