Omnicom global revenue up as John Wren highlights Australian performance

Omnicom has reported an increase in global revenue in the first quarter of 2021, with a 0.6% increase on the prior corresponding reporting period to $US3,426.9 million, while in APAC  there was positive organic growth.

Operating profit increased 10.8% to to $465.4 million compared to $US420.2 million during Q1 of 2020. Meanwhile, Omnicom’s operating margin for Q1 2021 increased to 13.6%, compared to a 12.3% bump for the prior corresponding reporting period.