secwatch.observer — SEC 8-K summary
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Issuer:     OMNICOM GROUP INC. (OMC)
CIK:        0000029989
Form:       8-K
Filed at:   2024-04-16T23:59:59+00:00
Accession:  0000029989-24-000012
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Omnicom Q1 revenue $3.63B (+5.4%), organic growth 4.0%, EPS $1.59 (adj. $1.67)
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- Revenue $3.63B, up 5.4% YoY; organic growth 4.0% driven by Advertising & Media (+7.0%) and Precision Marketing (+4.3%).
- Diluted EPS $1.59 vs $1.11 prior year; Non-GAAP adjusted diluted EPS $1.67, up 3.7% from $1.61.
- Operating income $478.9M, margin 13.2%; adjusted EBITA margin 13.8% vs 14.0% prior year (excluding $119.2M real estate costs in Q1 2023).
- Flywheel Digital acquisition closed; added $845M debt; $180.1M share repurchases and $138.8M dividends in Q1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/29989/000002998924000012/0000029989-24-000012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/29989/000002998924000012/omc-20240416.htm
  HTML page:      https://secwatch.observer/filing/0000029989-24-000012

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer