Interbrand Releases Inaugural Breakthrough Brands Report in Partnership with the New York Stock Exchange, Ready Set Rocket & Facebook Posted on July 27, 2016December 14, 2020 by Revanth Ravish NEW YORK–(BUSINESS WIRE)–Interbrand has launched the inaugural Interbrand Breakthrough Brands report, in partnership with Facebook, Ready Set Rocket, and the New York Stock Exchange (NYSE). The Interbrand Breakthrough Brands report, entitled “Future Growth,” is unique in that it examines emerging companies that are brand-led—organizations that have both unique business models and strong brands. The report complements Interbrand’s annual Best Global Brands report, now entering its 17th year, by putting a spotlight on emerging brands—especially those that are affecting change and embodying growth. “While it is certainly true that exciting startups abound, Interbrand and its partners have decided to put a spotlight on those organizations that have strong business models and strong brands,” noted Interbrand’s Global CEO, Jez Frampton. “From their earliest days, these Breakthrough Brands have been focused on managing their brands and delivering integrated experiences to their customers. We believe such efforts leave them well-poised to achieve significant growth in the months and years ahead.” Approximately 200 brands were nominated by a global network of key influencers—individuals chosen by Interbrand, Facebook, NYSE and Ready Set Rocket because of their strong commitment to and interest in emerging brands. Criteria & Methodology When selecting the brands to be featured in this report, these criteria were held paramount: Age: Is the brand 10 years or younger? Change: Is the brand driving change by responding to a unique marketplace need, generating a new experience for consumers, disrupting an industry, adopting a new business model or developing a new technology? Growth: Is the brand demonstrating its ability to grow? Is it operating as a successful business? Is it stretching into new product or service categories—or new geographies? Is it attracting top talent? Buzz: Is the brand grabbing attention and gaining momentum? “It’s exciting to watch new patterns emerge through the Breakthrough Brands featured in this inaugural report,” noted Alex Lirtsman, Co-Founder & Chief Strategist at Ready Set Rocket. “Digital has forever transformed the traditional strategies, structures, and economics of marketing. Working with Interbrand, Facebook, and the NYSE to identify these trends—and the brands paving the way—has been an inspiring experience. We are all looking forward to watching these brands continue to grow.” “We’re excited to highlight these emerging brands which are setting their companies and brands apart by driving new ideas and growth,” said Tom Farley, President of NYSE Group. “The innovation they’ve demonstrated as young companies will contribute to their success as these companies cultivate their identity and connect with more customers.” Of the 200 brands nominated, 60 are featured in the Interbrand Breakthrough Brands report. They are not ranked, but rather grouped against 10 insights, three sector-specific categories and two additional categories (“Innovation Incubators” & “Ones to Watch”). Insights, Categories & Featured Brands Growing together: Building businesses around people Seenit Glossier VSCO mymuesli Growth in action: Living stories Away Casper Shinola Thinx Growing potential: Performance-enhancing platforms 90 Seconds FameBit Percolate WeWork Growth for good: Purpose-bred brands Rubicon Global Sensorbox Sweetgreen Zady M-Pesa Growth through clarity: Two-way transparency DuckDuckGo Everlane LOLA Transferwise Personal growth: A better me Betterment Headspace One Medical Blue Apron Duolingo Growth in data: Data for value BeMyEye iCarbon X Growing mecosystems: Network conduits LINE Tuluntulu Carousell DePop Virtual growth: Machine realities Niantic Within Magic Leap Civil Maps Growing global: Breaking borders Xiaomi DJI Global WeChat Paytm Health & Wellness iCarbonX LOLA Omada Health One Medical Peloton Finance Nubank Nutmeg Faircent Acorns Food & Beverage Deliveroo Zomato Blue Apron do bem Innovation Incubators IBM Watson (IBM) S’well (Starbucks) Venmo (PayPal) Oculus (Facebook) AllState (Esurance) Ones to Watch Twist Prizm Maple Project September Orchard Mile Sthaler/Fingopay To learn more about these insights and the 60 brands highlighted within the inaugural Interbrand Breakthrough Brands report, please visit interbrandbreakthroughbrands.com. A downloadable report is available. You can also join the conversation on social media by using the hashtag #Breakthrough2016. About Interbrand With a network of 29 offices in 22 countries, Interbrand, a global brand agency, believes that growth is achieved when an organization has a clear strategy and delivers exceptional customer experiences. Interbrand’s combination of strategy, creativity, and technology makes it uniquely capable of driving the growth of its clients’ brands and businesses. Publisher of the highly influential annual Best Global Brands ranking and Webby Award-winning brandchannel, Interbrand is part of the Omnicom Group Inc. (NYSE:OMC) network of agencies. For more information, please visit Interbrand.com or follow Interbrand on Twitter and Facebook.
Omnicom Group Reports Second Quarter and Year-to-Date 2016 Results Posted on July 14, 2016December 14, 2020 by Revanth Ravish NEW YORK, July 14, 2016 – Omnicom Group Inc. (NYSE: OMC) today announced that its diluted net income per common share for the second quarter of 2016 increased ten cents, or 7.9%, to $1.36 per share versus $1.26 per share for the second quarter of 2015. Omnicom’s worldwide revenue in the second quarter of 2016 increased 2.1% to $3,884.9 million from $3,805.3 million in the second quarter of 2015. The components of the change in revenue included an increase in revenue from organic growth of 3.4%, an increase in revenue from acquisitions, net of dispositions of 0.3% and a decrease in revenue from the negative impact of foreign exchange rates of 1.6% when compared to the second quarter of 2015. Across our regional markets, organic revenue growth in the second quarter of 2016 was 3.2% in North America, 3.3% in the United Kingdom, 4.3% in the Euro Markets and Other Europe, 4.5% in Asia Pacific and 1.7% in Latin America, while organic revenue declined by 1.2% in the Middle East and Africa when compared to the same quarter of 2015. The change in organic revenue in the second quarter of 2016 as compared to the second quarter of 2015 in our four fundamental disciplines was as follows: advertising increased 7.7%, public relations increased 0.1% and specialty communications increased 4.4%, while CRM decreased 2.7%. Operating income in the second quarter of 2016 increased $23.2 million, or 4.3%, to $561.8 million from $538.6 million in the second quarter of 2015. Our operating margin for the second quarter of 2016 increased to 14.5% versus 14.2% for the second quarter of 2015. For the second quarter of 2016, earnings before interest, taxes and amortization of intangibles (“EBITA”) increased $24.6 million, or 4.3%, to $590.3 million from $565.7 million in the second quarter of 2015. Our EBITA margin (defined as EBITA divided by revenue) increased to 15.2% for the second quarter of 2016 versus 14.9% in the second quarter of 2015. For the second quarter of 2016, our income tax rate was 32.5% compared to 32.8% for the second quarter of 2015. Net income for the second quarter of 2016 increased $12.2 million, or 3.9%, to $326.1 million from $313.9 million in the second quarter of 2015. Year-to-date Diluted net income per common share for the first six months of 2016 increased sixteen cents, or 7.7%, to $2.25 per share compared to $2.09 per share for the first six months of 2015. Worldwide revenue for the six months ended June 30, 2016 increased 1.5% to $7,384.0 million from $7,274.5 million in the same period in 2015. The components of the change in revenue included an increase in revenue from organic growth of3.6%, an increase in revenue from acquisitions, net of dispositionsof0.1% and a decrease in revenue from the negative impact of foreign exchange rates of2.2% when compared to the first six months of 2015. Across our regional markets for the six months ended June 30, 2016, organic revenue growth was3.8% in North America, 2.8% in the United Kingdom, 3.7% in the Euro Markets and Other Europe, 4.8% in Asia Pacific and 0.2% in the Middle East and Africa, while organic revenue declined by 3.1% in Latin America when compared to the same period of 2015. The change in organic revenue in the first six months of 2016 compared to the same period in 2015 in our four fundamental disciplines was as follows: advertising increased 7.8% and specialty communications increased 3.3%, while CRM decreased 1.7% and public relations decreased 0.4%. Operating income for the six months ended June 30, 2016 increased $37.6 million, or 4.1%, to $953.9 million compared to $916.3 million for the same period in 2015. Our operating margin for the first six months of 2016 increased to 12.9% versus 12.6% for the first six months of 2015. Omnicom’s EBITA for the six months ended June 30, 2016 increased 4.1%, or $39.9 million, to $1,010.7 million from $970.8 million for the same period in 2015. Our EBITA margin for the first six months of 2016 increased to 13.7% versus 13.3% in the first six months of 2015. For the six months ended June 30, 2016, our income tax rate was 32.6% compared to 32.8% for the same period in 2015. Net income for the six months ended June 30, 2016 increased $21.5 million, or 4.1%, to $544.5 million from $523.0 million versus the same period in 2015. Non-GAAP Financial Measures In describing Omnicom’s performance above, certain non-GAAP financial measures were used. We use EBITA (defined as earnings before interest, taxes and amortization of intangibles) and EBITA margin (defined as EBITA divided by total revenue) as additional operating performance measures, which excludes the non-cash amortization expense of intangible assets (primarily consisting of amortization arising from acquisitions), because we believe it is a useful measure for investors to evaluate the performance of our businesses. The financial tables at the end of this document reconcile EBITA to the GAAP financial measure of net income for the periods presented. Non-GAAP financial measures should not be considered in isolation from, or as a substitute for, financial information presented in compliance with U.S. GAAP. Non-GAAP financial measures reported by us may not be comparable to similarly titled amounts reported by other companies. Omnicom Group Inc. (NYSE: OMC) (www.omnicomgroup.com) is a leading global marketing and corporate communications company. Omnicom’s branded networks and numerous specialty firms provide advertising, strategic media planning and buying, digital and interactive marketing, direct and promotional marketing, public relations and other specialty communications services to over 5,000 clients in more than 100 countries. Follow us on Twitter for the latest news. For a live webcast or a replay of our second quarter earnings conference call, go to https://investor.omnicomgroup.com/investor-relations/news-events-and-filings. Omnicom Group Inc.Condensed Consolidated Statements of IncomeThree Months Ended June 30(Unaudited)(Dollars in Millions, Except Per Share Data) 2016 2015 Revenue $ 3,884.9 $ 3,805.3 Operating Expenses: Salary and service costs 2,824.6 2,762.9 Occupancy and other costs 314.6 321.0 Costs of services 3,139.2 3,083.9 Selling, general and administrative expenses 110.9 110.1 Depreciation and amortization 73.0 72.7 Total operating expenses 3,323.1 3,266.7 Operating Income 561.8 538.6 Add back: Amortization of intangibles 28.5 27.1 EBITA (a) 590.3 565.7 Amortization of intangibles 28.5 27.1 Operating Income 561.8 538.6 Net Interest Expense 44.8 34.6 Income before income taxes 517.0 504.0 Income tax expense 167.9 165.3 Income from equity method investments 2.8 4.0 Net income 351.9 342.7 Less: Net income allocated to noncontrolling interests 25.8 28.8 Net income – Omnicom Group Inc. 326.1 313.9 Less: Net income allocated to participating securities 2.0 3.9 Net income available for common shares $324.1 $310.0 Net income per common share – Omnicom Group Inc. Basic $1.36 $1.27 Diluted $1.36 $1.26 Weighted average shares (in millions) Basic 237.7 244.5 Diluted 239.0 245.7 Dividend declared per common share $0.55 $0.50 (a) EBITA (defined as earnings before interest, taxes and amortization of intangibles) is a non-GAAP financial measure. We use EBITA as an additional operating performance measure, which excludes the non-cash amortization expense of intangible assets (primarily consisting of amortization arising from acquisitions), because we believe it is a useful measure for investors to evaluate the performance of our businesses. The above table reconciles EBITA to the GAAP financial measures for the periods presented. Non-GAAP financial measures should not be considered in isolation from, or as a substitute for, financial information presented in compliance with U.S. GAAP. Non-GAAP financial measures reported by us may not be comparable to similarly titled amounts reported by other companies. 2016 2015 Revenue $ 7,384.0 $ 7,274.5 Operating expenses: Salary and service costs 5,449.2 5,360.0 Occupancy and other expenses 614.7 639.0 Cost of services 6,063.9 5,999.0 Selling, general and administrative expenses 219.0 212.2 Depreciation and amortization 147.2 147.0 Total operating expenses 6,430.1 6,358.2 Operating Income 953.9 916.3 Add back: Amortization of intangibles 56.8 54.5 EBITA (a) 1,010.7 970.8 Amortization of intangibles 56.8 54.5 Operating Income 953.9 916.3 Net Interest Expense 84.9 68.8 Income before income taxes 869.0 847.5 Income tax expense 283.4 278.0 Income from equity method investments 2.6 3.0 Net income 588.2 572.5 Less: Net income allocated to noncontrolling interests 43.7 49.5 Net income – Omnicom Group Inc. 544.5 523.0 Less: Net income allocated to participating securities 3.6 6.7 Net income available for common shares $540.9 $516.3 Net income per common share – Omnicom Group Inc. Basic $2.26 $2.10 Diluted $2.25 $2.09 Weighted average shares (in millions) Basic 238.9 245.5 Diluted 240.1 246.6 Dividend declared per common share $1.05 $1.00 (a) EBITA (defined as earnings before interest, taxes and amortization of intangibles) is a non-GAAP financial measure. We use EBITA as an additional operating performance measure, which excludes the non-cash amortization expense of intangible assets (primarily consisting of amortization arising from acquisitions), because we believe it is a useful measure for investors to evaluate the performance of our businesses. The above table reconciles EBITA to the GAAP financial measures for the periods presented. Non-GAAP financial measures should not be considered in isolation from, or as a substitute for, financial information presented in compliance with U.S. GAAP. Non-GAAP financial measures reported by us may not be comparable to similarly titled amounts reported by other companies. Investor Relations:Shub Mukherjee212-415-3011[email protected] Media:Joanne Trout212-415-3669[email protected]
Omnicom Group Schedules Second Quarter 2016 Earnings Release and Conference Call Posted on July 8, 2016December 14, 2020 by Revanth Ravish NEW YORK, July 8, 2016 /PRNewswire/ — Omnicom Group (NYSE: OMC) will publish its second quarter 2016 results on Thursday, July 14, 2016. The company will host a conference call to review second quarter results on Thursday, July 14, 2016 at 8:30 AM (EDT). The dial-in numbers for the conference call are (800) 230-1093 (domestic) and (612) 332-0107 (international). In addition, the conference call will be simulcast and archived at https://investor.omnicomgroup.com/investor-relations/news-events-and-filings. About Omnicom Group Inc.Omnicom Group (www.omnicomgroup.com) is a leading global marketing and corporate communications company. Omnicom’s branded networks and numerous specialty firms provide advertising, strategic media planning and buying, digital and interactive marketing, direct and promotional marketing, public relations and other specialty communications services to over 5,000 clients in more than 100 countries. Follow us on Twitter for the latest news. CONTACT: Investor Relations: Shub Mukherjee, 212-415-3011, [email protected]; Media: Joanne Trout, 212-415-3669, [email protected]