Omnicom Group Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
July 20, 2021 at 07:43 am EDT
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Omnicom Group Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was USD 3,571.6 million compared to USD 2,800.7 million a year ago. Operating income was USD 568.4 million compared to USD 62.5 million a year ago. Net income was USD 348.2 million compared to net loss of USD 24.2 million a year ago. Basic earnings per share from continuing operations was USD 1.62 compared to basic loss per share from continuing operations of USD 0.11 a year ago. Diluted earnings per share from continuing operations was USD 1.6 compared to diluted loss per share from continuing operations of USD 0.11 a year ago. For the half year, sales was USD 6,998.6 million compared to USD 6,207.6 million a year ago. Operating income was USD 1,033.8 million compared to USD 482.7 million a year ago. Net income was USD 636 million compared to USD 234 million a year ago. Basic earnings per share from continuing operations was USD 2.95 compared to USD 1.08 a year ago. Diluted earnings per share from continuing operations was USD 2.93 compared to USD 1.08 a year ago.
Omnicom Group, Inc. is a holding company organized around 7 areas of activity:
- advertising services (53.7% of revenues). In addition, the group offers media consulting services and is developing an advertising space purchasing business;
- public relations services (10.7%);
- digital marketing, direct marketing and digital transformation services (10%);
- advertising and communication services for the health and pharmaceutical sectors (9.4%);
- field marketing services and development of merchandising solutions (6%);
- commercial marketing and brand strategy consulting services (5.8%);
- experiential marketing services (4.4%).
Net sales break down by market between pharmaceutical and healthcare (15%), food and beverage (14%), technology (11%), automotive (10%), consumer goods (8%), financial services (7%), travel and entertainment (7%), retail (7%), telecommunications (5%) and other (16%).
Net sales are distributed geographically as follows: North America (54.2%), Europe (29%), Asia/Pacific (12.1%), Latin America (2.6%), Middle East and Africa (2.1%).
OMNICOM GROUP., INC. 
