Omnicom Group reported 7.2% organic revenue growth in the fourth quarter, with total reported revenue of $3,868.2 million (+0.03%).
Full-year 2022 organic growth (which excludes currency and M&A impact) was 9.4%, and reported revenue for the full year was flat at $14.289 billion.
The firm’s current guidance for growth in 2023 is 3% to 5%.
“We enter 2023 in a very strong position,” stated Omnicom CEO John Wren. “At the same time, we are closely tracking the macroeconomic outlook and are fully prepared to respond appropriately.”
Organic growth by discipline in Q4 is as follows: 6% for Advertising & Media, 11.6% for Precision Marketing, 12.7% for Public Relations, 7.2% for Commerce & Brand Consulting, 6.4% for Healthcare, and 17% for Experiential. Execution & Support decreased 2.8%.
Organic growth by region is 5.6% for the U.S., 9.9% for the U.K., 5.1% for Europe, 6.9% for Asia Pacific and 18.2% for Latin America.