Earnings release
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OmnicomGroup OMNICOM GROUP REPORTS THIRD QUARTER 2021 RESULTS Revenue of $ 3,435.0 million increased 7.1 % , with organic growth of 11.5 % Operating profit of $ 541.6 million increased 8.0 % Operating profit margin of 15.8 % Net income of $ 355.6 million increased 13.5 % Diluted earnings per share of $ 1.65 increased 13.8 % NEW YORK , October 19 , 2021 - Omnicom Group Inc. ( NYSE : OMC ) today announced results for the quarter ended September 30 , 2021 . " Robust organic revenue growth of 11.5 % drove improvement in all of our key financial measures - with a notable jump in CRM Precision Marketing from our digital transformation work , " said John Wren , Chairman and Chief Executive Officer of Omnicom Group Inc. " Our powerful and differentiated offering , which is tailored to our clients ' needs and is comprised of best - in - class talent , creativity , operating systems and technologies such as Omni , enables us to consistently orchestrate better outcomes for clients and win new business . It is a formula that delivered for us in the third quarter , and will drive our ability to meet our clients ' growing demands in an increasingly complex marketing landscape . " $ in millions , except per share amounts Revenue 1 Operating Profit Operating Profit Margin Net Income ² Net Income per Share - Diluted EBITA ³ 3 2 Third Quarter 2021 Results Three Months Ended September 30 , 2021 2020 $ 3,435.0 $ 3,206.5 541.6 15.8 % 355.6 1.65 $ 560.3 501.4 15.6 % 313.3 1.45 521.6 2021 $ 10,433.6 1,575.4 $ Nine Months Ended September 30 , 15.1 % 991.6 280 Park Avenue , New York , NY 10017. Tel ( 212 ) 415-3672 1,635.2 2020 $ 9,414.1 984.1 4.58 $ 10.5 % Notes : 1 ) 2020 results include a reduction in salary and service costs of $ 68.7 million and $ 117.8 million for the three and nine months ended September 30 , 2020 , respectively , related to reimbursements and tax credits from governmental pandemic relief programs in several countries 2 ) Net Income and Net Income per Share are for Omnicom Group Inc. 3 ) See Reconciliation of Non - GAAP Financial Measures 547.3 2.53 1,046.5 Revenues Omnicom's worldwide revenue in the third quarter of 2021 continued to improve from the negative effects of the COVID - 19 pandemic and increased 7.1 % to $ 3,435.0 million from $ 3,206.5 million in the third quarter of 2020. The components of the change in revenue included an increase in revenue from the positive impact of foreign currency translation of 1.6 % , a decrease in acquisition revenue , net of disposition revenue , of 5.9 % and an increase in revenue from organic growth of 11.5 % .