Omnicom Group delivered an all-around beat as its revenues increased by 1%, while non-GAAP adjusted operating income remained unchanged. Foreign currency translations have a negative impact on both. Net interest expense decreased as interest income exceeded the company's expectations. Omnicom anticipates that interest expense will rise slightly in Q2, owing principally to an increase in the interest rate applied to its pension and post-retirement commitments. The major contributors in the quarte ....

25 Apr 2023
Omnicom Group Inc.: Success in Precision Marketing and Public Relations – Key Drivers, Financial Forecasts, DCF & Comparables Valuation, ESG & Other Risks (04/23)

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Omnicom Group Inc.: Success in Precision Marketing and Public Relations – Key Drivers, Financial Forecasts, DCF & Comparables Valuation, ESG & Other Risks (04/23)
- Published:
25 Apr 2023 -
Author:
Ishan Majumdar -
Pages:
27 -
Omnicom Group delivered an all-around beat as its revenues increased by 1%, while non-GAAP adjusted operating income remained unchanged. Foreign currency translations have a negative impact on both. Net interest expense decreased as interest income exceeded the company's expectations. Omnicom anticipates that interest expense will rise slightly in Q2, owing principally to an increase in the interest rate applied to its pension and post-retirement commitments. The major contributors in the quarte ....