John Wren
John Wren

Omnicom CEO John Wren reports Q4 growth was up 2.6 percent to $3.9B and operating profit showed a 1.3 percent uptick to $622.5M.

Revenues for 2021 jumped 8.5 percent to $14.3B. Operating income surged 37.5 percent to $599M.

The FleishmanHillard, Marina Maher, CLS Strategies, Porter Novelli, Mercury, Cone and Portland PR group registered a 4.4 percent advance in revenues during Q4 to $368.9M.

The PR division for the full year was up 6.2 percent to $1.4B in revenues.

Wren highlighted OMC's organic growth of 9.5 percent for the quarter.

That performance included a 7.8 percent growth in the US, 10.1 percent in the UK, 12.7 percent in Continental Europe and 7.8 percent in Asia-Pacific.

Wren is "optimistic in our 2022 outlook and expects to continue to build on our firm's long-term record of improving profitability and sustained value creation."

He warned that global economic conditions might continue to be volatile as long as the COVID-19 pandemic remains a public health threat, which could impact client spending.