Omnicom: Q4 beats consensus
(CercleFinance.com) - Omnicom has reported Q4 2019 net income that is up 4% at 415 million dollars, or 1.
89 dollar per share, meaning EPS that is four cents above the consensus.
The New York based communications group increased its operating margin by 0.3 point to 15.6%, for revenues that are up 1.3% at 4.14 billion dollars as reported, with organic growth of 3.5%, driven by health (+12.9%) and advertising (+5.1%).
Over FY 2019, Omnicom thus generated EPS growth of 3.9% at 6.06 dollars, despite revenues that fell by 2.2% to just under 15 billion dollars (organic growth of +2.8%).
Copyright (c) 2020 CercleFinance.com. All rights reserved.
89 dollar per share, meaning EPS that is four cents above the consensus.
The New York based communications group increased its operating margin by 0.3 point to 15.6%, for revenues that are up 1.3% at 4.14 billion dollars as reported, with organic growth of 3.5%, driven by health (+12.9%) and advertising (+5.1%).
Over FY 2019, Omnicom thus generated EPS growth of 3.9% at 6.06 dollars, despite revenues that fell by 2.2% to just under 15 billion dollars (organic growth of +2.8%).
Copyright (c) 2020 CercleFinance.com. All rights reserved.