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Omnicom Group today reported a 27.4 percent drop in Q4 net income to $254.4M, following a $106.3M charge for enactment of the “Tax Cuts and Jobs Act.” Excluding the charge, net was up 3.0 percent.
Q4 Revenues slipped 1.5 percent to $4.2B. Organic growth advanced 1.6 percent, sparked by a robust 8.2 percent across Europe.
North American organic growth fell 0.8 percent, while the UK dipped 0.7 percent and Latin America slipped 0.3 percent.
OMC’s PR group (Ketchum, FleishmanHillard, Porter Novelli, Brodeur Partners, Kreab, Cone Communications) showed 1.1 percent growth during the quarter to $362.8M.
The PR units chalked up flat revenues of $1.4B for the full year.
OMC's stock is down eight percent to $76.16 on the earnings news.
WPP CEO Cindy Rose has retained Goldman Sachs to explore strategic options regarding its Burson PR flagship, according to a report in the London Times.
Mike Sitrick has bought his firm Sitrick And Company back from RGP, the Dallas-based management consulting firm. He sold the strategic communications powerhouse for $43.4M in Oct. 2009.
Omnicom CEO John Wren enjoyed a 222 percent jump in 2025 compensation to $69.9M as the firm completed the acquisition of Interpublic.
Public Policy Holding Company recorded 24.7 percent growth in 2025 revenues to $186.5M and a 32.1 percent surge in adjusted net income to $36.6M.
S&P Global has reaffirmed its negative “BBB” rating on WPP due to ongoing challenges that it will face during the next 12 months.
