Omnicom Q2 results indicate double-digit revenue growth despite slowed Asia Pacific growth
Omnicom Inc. reported its Q2 2022 results today for the quarter ending June 30, 2022. The results found a double-digit global revenue growth of 11.3%, with reduced growth in Asia Pacific negatively impacted by COVID-19 lockdowns in China.
The advertising company posted revenue of $3.57 billion in the period, beating Street forecasts and experiencing higher revenue than last quarter. The company did however see a notable decline in growth in the Asia Pacific region.