Earnings release
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Omnicomnews Omnicom Group Reports Second Quarter and Year - to - Date 2021 Results NEW YORK , July 20 , 2021 - Omnicom Group Inc. ( NYSE : OMC ) today announced net income - Omnicom Group Inc. for the second quarter of 2021 of $ 348.2 million as compared to a net loss - Omnicom Group Inc. of $ 24.2 million in the second quarter of 2020. Diluted net income per share for the second quarter of 2021 was $ 1.60 per share compared to a diluted net loss per share of $ 0.11 in the second quarter of 2020. Net income - Omnicom Group Inc. and diluted net income per share for the second quarter of 2021 include the gain on a disposition of a subsidiary and a loss on the early retirement of our 2022 Senior Notes , of $ 31.0 million and $ 0.14 per share , respectively , as discussed below . Net loss - Omnicom Group Inc. and diluted net loss per share - Omnicom Group Inc. in the second quarter of 2020 included a net after - tax decrease of $ 223.1 million and $ 1.03 per share , respectively , as a result of COVID - 19 repositioning costs . Omnicom's worldwide revenue in the second quarter of 2021 , which continued to improve from the negative effects of the COVID - 19 pandemic , increased 27.5 % to $ 3,571.6 million from $ 2,800.7 million in the second quarter of 2020. The components of the change in revenue included an increase in revenue from the positive impact of foreign currency translation of 5.4 % , a decrease in acquisition revenue , net of disposition revenue of 2.2 % and an increase in revenue from organic growth of 24.4 % . Since the onset of the COVID - 19 pandemic , the second quarter of 2020 had the most significant negative impact on our revenue . Organic growth in the second quarter of 2021 as compared to the second quarter of 2020 increased across all of our fundamental disciplines . The percentage increases were as follows : 29.8 % for Advertising , 25.0 % for CRM Precision Marketing , 15.2 % for CRM Commerce and Brand Consulting , 53.0 % for CRM Experiential , 22.7 % for CRM Execution & Support , 15.1 % for Public Relations and 4.5 % for Healthcare . Across all of our regional markets , organic growth in the second quarter of 2021 as compared to the second quarter of 2020 was as follows : 19.9 % for the United States , 37.1 % for Other North America , 23.8 % for the United Kingdom , 34.5 % for 280 Park Avenue , New York , New York 10017 ( 212 ) 415-3672 Fax ( 212 ) 415-3000