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home / news releases / OMC - Omnicom Group Inc. (OMC) Q2 2024 Earnings Call Transcript


OMC - Omnicom Group Inc. (OMC) Q2 2024 Earnings Call Transcript

2024-07-16 20:55:26 ET

Omnicom Group Inc. (OMC)

Q2 2024 Earnings Conference Call

July 16, 2024, 04:30 PM ET

Company Participants

Gregory Lundberg - SVP, IR

John Wren - Chairman and CEO

Philip Angelastro - EVP and CFO

Conference Call Participants

Cameron McVeigh - Morgan Stanley

David Karnovsky - JPMorgan

Adam Berlin - UBS

Steven Cahall - Wells Fargo

Michael Nathanson - MoffettNathanson

Jason Bazinet - Citigroup

Tim Nollen - Macquarie Group

Craig Huber - Huber Research Partners

Adrien de Saint Hilaire - Bank of America

Presentation

Operator

Good afternoon and welcome to the Omnicom Second Quarter 2024 Earnings Release Conference Call. [Operator Instructions] As a reminder, this conference call is being recorded.

I will now turn the call over to your host, Gregory Lundberg, Senior Vice President, Investor Relations. You may begin.

Gregory Lundberg

Thank you for joining our second quarter 2024 earnings call. With me today are John Wren, Chairman and Chief Executive Officer; and Phil Angelastro, Executive Vice President and Chief Financial Officer. On our website, omnicomgroup.com, you'll find a press release and a presentation covering the information that we're going to review today. An archived webcast will be available when today's call concludes.

Before we start, I'd like to remind everyone to read the forward-looking statements and non-GAAP financial and other information that we've included at the end of our investor presentation. Certain of the statements made today may constitute forward-looking statements and these statements are our present expectations. Relevant factors that could cause actual results to differ materially are listed in our earnings materials and in our SEC filings, including our 2023 Form 10-K.

During the course of today's call, we will also discuss certain non-GAAP measures. You can find the reconciliation of these to the nearest comparable GAAP measures in the presentation materials. We will begin the call with an overview of our business from John, then Phil will review our financial results for the quarter. And after our prepared remarks, we will open the line for your questions.

I'll now hand the call to John.

John Wren

Thank you, Greg. Good afternoon, everyone, and thank you for joining us today.

We're pleased to share our second-quarter results. Organic growth was very strong at 5.2% for the quarter. The U.S. grew at 6.3% across our disciplines, Advertising & Media as well as Experiential, all had outstanding performances....

For further details see:

Omnicom Group Inc. (OMC) Q2 2024 Earnings Call Transcript
Stock Information

Company Name: Omnicom Group Inc.
Stock Symbol: OMC
Market: NYSE
Website: omnicomgroup.com

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