Omnicom Group’s calendar year revenues down 2.2%, but up 1.3% in fourth quarter

Omnicom Group has released its 2019 calendar year and fourth quarter results. Calendar year revenue was US$14.95bn (down 2.2%), against 2018’s US$15.29bn. Locally, Asia Pacific was up 2.2%, compared to 2.7% for the US and 3.3% for the UK.

The holding company blamed the calendar year losses on foreign exchange rates and a decrease in acquisition revenue, but CEO John Wren said the results were “solid”.