Month: April 2021

NEW YORK, April 28, 2021 /PRNewswire/ — Omnicom Group Inc. (NYSE: OMC) today announced the pricing of its public offering of $800 million aggregate principal amount of 2.600% Senior Notes due 2031 (the “Notes”). The Notes will mature on August 1, 2031. The transaction is expected to close on May 3, 2021, subject to customary closing conditions. The Notes will not be listed on any securities exchange or included in any automated quotation system.

The Notes will bear interest at a rate of 2.600 percent per annum. The Notes will be the unsecured and unsubordinated obligations of Omnicom Group Inc. and will rank equal in right of payment to all of its existing and future unsecured senior indebtedness.

Omnicom Group Inc. intends to use the net proceeds from the sale of the Notes, together with cash on hand, to redeem its 3.625% Senior Notes due 2022 co-issued with Omnicom Capital Inc., which mature on May 1, 2022, and of which $1.25 billion aggregate principal amount was outstanding as of March 31, 2021.

Barclays Capital Inc., Citigroup Global Markets Inc., Wells Fargo Securities, LLC, BofA Securities, Inc., BNP Paribas Securities Corp., Deutsche Bank Securities Inc. and HSBC Securities (USA) Inc. are acting as joint book-running managers for the offering.

This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction to any person to whom it is unlawful to make an offer, solicitation or sale in such jurisdiction. The public offering is being made pursuant to an effective shelf registration statement that has been filed with the Securities and Exchange Commission (“SEC”). A final prospectus supplement related to the offering will be filed with the SEC and will be available on the SEC’s website at https://www.sec.gov. In addition, copies of the prospectus and prospectus supplement relating to the Notes offered in the offering may be obtained by contacting any of the following underwriters: Barclays Capital Inc. at 1-888-603-5847, Citigroup Global Markets Inc. at 1-800-831-9146 or Wells Fargo Securities, LLC at 1-800-326-5897.

About Omnicom

Omnicom Group Inc. 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 70 countries.

Forward-Looking Statements

Certain statements in this press release constitute forward-looking statements, including statements within the meaning of the Private Securities Litigation Reform Act of 1995. In addition, from time to time, we or our representatives have made, or may make, forward-looking statements, orally or in writing. These statements may discuss goals, intentions and expectations as to future plans, trends, events, results of operations or financial condition, or otherwise, based on current beliefs of our management as well as assumptions made by, and information currently available to, our management. Forward-looking statements may be accompanied by words such as “aim,” “anticipate,” “believe,” “plan,” “could,” “should,” “would,” “estimate,” “expect,” “forecast,” “future,” “guidance,” “intend,” “may,” “will,” “possible,” “potential,” “predict,” “project” or similar words, phrases or expressions. These forward-looking statements are subject to various risks and uncertainties, many of which are outside our control. Therefore, you should not place undue reliance on such statements. Factors that could cause actual results to differ materially from those in the forward-looking statements include: the impact of the COVID-19 pandemic; international, national or local economic conditions that could adversely affect us or our clients; losses on media purchases and production costs incurred on behalf of clients; reductions in client spending, a slowdown in client payments and a deterioration in the credit markets; the ability to attract new clients and retain existing clients in the manner anticipated; changes in client advertising, marketing and corporate communications requirements; failure to manage potential conflicts of interest between or among clients; unanticipated changes relating to competitive factors in the advertising, marketing and corporate communications industries; the ability to hire and retain key personnel; currency exchange rate fluctuations; reliance on information technology systems; changes in legislation or governmental regulations affecting us or our clients; risks associated with assumptions we make in connection with our critical accounting estimates and legal proceedings; and our international operations, which are subject to the risks of currency repatriation restrictions, social or political conditions and regulatory environment. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties that may affect our business, including those described in Item 1A, “Risk Factors” and Item 7, “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in Omnicom Group Inc.’s Annual Report on Form 10-K for the year ended December 31, 2020 and other documents filed from time to time with the SEC. Except as required under applicable law, we do not assume any obligation to update these forward-looking statements.

Platform enables omnichannel engagement with professional and consumer healthcare audiences while emphasizing privacy compliance

NEW YORK, April 20, 2021 /PRNewswire/ — Omnicom Health Group, the largest healthcare marketing and communications group in the world, and part of Omnicom Group Inc. (NYSE: OMC), announced today the launch of Omni Health.

Omni Health is a unique extension of Omnicom’s marketing operating system, Omni. It’s the first and only end-to-end healthcare-centric data platform designed for the specific requirements of healthcare marketers and clients.

Most importantly, Omni Health was engineered to ensure compliant use of sensitive or protected data. The platform integrates key healthcare datasets owned and licensed by Omnicom Health Group – including physician data, medical and pharmacy claims, and prescription coverage data – with consumer data, including demographics, purchasing behavior and media consumption. Furthermore, it can ingest and integrate client data assets.

“Privacy protection in healthcare is essential,” said Tom Edwards, Chief Digital Officer of Omnicom Health Group. “We don’t just acknowledge that—we’re committed to it. We’ve built privacy protection directly into the platform.”

Omni Health implements physical, technical and administrative safeguards to protect personal data. It encrypts, anonymizes and secures health data following the latest security standards, while ensuring compliance with applicable privacy regulations including HIPAA and the CCPA. Additionally, no personally identifiable information is ever stored.

With rich data at its core, Omni Health unlocks deeper and more granular insights into professional and patient audiences.

“We can understand customers better and meet them with information more effectively,” said Edwards. “Omni Health elevates the value we provide clients by helping us create more personalized, relevant and connected journeys—true omnichannel marketing for health.”

The platform also overcomes one of the biggest obstacles to analyzing and actioning on data: usability.

“Until now, a lot of the data we’ve had in healthcare was siloed,” said Christina Kim, Chief Strategy & Analytics Officer at Omnicom Health Group and one of the architects of the platform. “Omni Health solves that by aggregating health and consumer data into a single, intuitive platform. By doing so, we can plan and execute coordinated patient and professional communications, delivering the right media and content experiences across channels.”

Given the evolving nature of the digital ecosystem, the platform is also able to accommodate data privacy changes. “We built all of Omni—including Omni Health—assuming a cookie-less future would eventually happen, and that GDPR practices would be globally adopted,” said Omnicom Digital CEO Jonathan Nelson.

For more information, visit https://omnicomhealthgroup.com/omnihealth.

ABOUT OMNICOM HEALTH GROUP
Omnicom Health Group (www.omnicomhealthgroup.com) is a global collective of communications companies with more than 4,500 dedicated healthcare communications specialists. It provides marketing services to the health and life-science industries through a combination of specialized agencies, customized client solutions, and collaborations with other Omnicom network agencies. Organized around four customer groups—healthcare professionals, patients, payers, and medical, evidence and regulatory stakeholders—Omnicom Health Group serves more than 100 clients in over 55 offices worldwide. Omnicom Health Group is part of the DAS Group of Companies, a division of Omnicom Group Inc., and a global group of marketing services companies with over 200 companies in the following marketing disciplines: healthcare, public relations, customer relationship management, events, promotional marketing, branding, research and advertising.

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 70 countries. Follow us on Twitter for the latest news.

SOURCE Omnicom Health Group

NEW YORK, April 20, 2021 — Omnicom Group Inc. (NYSE: OMC) today announced net income – Omnicom Group Inc. for the first quarter of 2021 of $287.8 million as compared to $258.1 million in the first quarter of 2020. Diluted net income per share for the first quarter of 2021 was $1.33 per share compared to $1.19 in the first quarter of 2020.

Omnicom’s worldwide revenue in the first quarter of 2021 increased 0.6% to $3,426.9 million from $3,406.9 million in the first quarter of 2020. The components of the change in revenue included an increase in revenue from the positive impact of foreign currency translation of 2.8%, a decrease in acquisition revenue, net of disposition revenue of 0.4% and a decrease in revenue from negative organic growth of 1.8%, primarily due to the negative effects on our revenue attributable to the COVID-19 pandemic, when compared to the first quarter of 2020.  

Organic growth in the first quarter of 2021 as compared to the first quarter of 2020 in our fundamental disciplines was as follows: Advertising increased 1.2%, CRM Precision Marketing increased 7.2%, CRM Commerce and Brand Consulting decreased 4.2%, CRM Experiential decreased 33.2%, CRM Execution & Support decreased 13.3%, Public Relations decreased 3.5% and Healthcare was flat.

Across all of our regional markets, organic growth in the first quarter of 2021 as compared to the first quarter of 2020 was as follows: the United States decreased 1.0%, Other North America decreased 3.2%, the United Kingdom decreased 6.4%, the Euro Markets & Other Europe decreased 3.2%, Asia Pacific increased 2.5%, Latin America decreased 2.4% and the Middle East & Africa decreased 10.2%.

Operating profit increased $45.2 million, or 10.8%, to $465.4 million compared to $420.2 million during the first quarter of 2020.  Our operating margin for the first quarter of 2021 increased to 13.6% versus 12.3% for the first quarter of 2020.

For the first quarter of 2021, our effective income tax rate increased period-over-period to 26.8% from 26.0%.

Non-GAAP Financial Measures

We use certain non-GAAP financial measures in describing our performance. We use EBITA (defined as earnings before interest, taxes and amortization of intangible assets) and EBITA margin (defined as EBITA divided by revenue) as additional operating performance measures, which exclude the non-cash amortization expense of intangible assets (primarily consisting of amortization of intangible assets arising from acquisitions). Accordingly, we believe EBITA and EBITA margin are useful measures for investors to evaluate the performance of our business.

For the first quarter of 2021, EBITA increased $44.3 million, or 10.0%, to $485.3 million from $441.0 million in the first quarter of 2020.  Our EBITA margin increased to 14.2% for the first quarter of 2021 versus 12.9% in the first quarter of 2020.

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.

COVID-19 Business Update

The negative effects of the COVID-19 pandemic began to have a significant impact on our businesses late in the first quarter of 2020. In the beginning of 2021, we continued to experience the negative impact of the pandemic on our organic revenue compared to the same period in the prior year. However, the impact from the COVID-19 pandemic on the global economy appears to be moderating in several of our markets, and we expect to achieve positive organic revenue growth beginning in the second quarter of this year and for the full year 2021.

As long as the COVID-19 pandemic remains a public health threat, global economic conditions will continue to be volatile depending on several factors, including new information concerning the severity of the pandemic, government actions to mitigate the effects of the pandemic in the near-term, and the resulting impact on our clients’ spending plans. We expect global economic performance and the performance of our businesses to vary by geography and discipline until the impact of the COVID-19 pandemic on the global economy moderates. We continuously assess the impact of the COVID-19 pandemic and adjust our response related to changes in our business.

In the second quarter of 2020, we took steps to strengthen our liquidity and financial position that were intended to mitigate any potential impact of the COVID-19 pandemic on our liquidity. Among other things, we issued $600 million of 4.20% Senior Notes due 2030 and entered into a $400 million 364-day revolving credit facility, or 364 Day Credit Facility, and we suspended our share repurchase activity. The 364 Day Credit Facility expired without ever being drawn on April 2, 2021.

Definitions – Components of Revenue Change

We use certain terms in describing the components of the change in revenue above.

Foreign exchange rate impact: calculated by translating the current period’s local currency revenue using the prior period average exchange rates to derive current period constant currency revenue. The foreign exchange rate impact is the difference between the current period revenue in U.S. Dollars and the current period constant currency revenue.

Acquisition revenue, net of disposition revenue: Acquisition revenue is calculated as if the acquisition occurred twelve months prior to the acquisition date by aggregating the comparable prior period revenue of acquisitions through the acquisition date. As a result, acquisition revenue excludes the positive or negative difference between our current period revenue subsequent to the acquisition date and the comparable prior period revenue and the positive or negative growth after the acquisition date is attributed to organic growth. Disposition revenue is calculated as if the disposition occurred twelve months prior to the disposition date by aggregating the comparable prior period revenue of disposals through the disposition date. The acquisition revenue and disposition revenue amounts are netted in the description above.

Organic growth: calculated by subtracting the foreign exchange rate impact component and the acquisition revenue, net of disposition revenue component from total revenue growth.

Revenue by Discipline

Effective January 1, 2021, we realigned the classification of certain services primarily within our CRM Consumer Experience discipline. As a result, our CRM discipline is now grouped into four categories: CRM Precision Marketing which includes our precision marketing and digital/direct marketing agencies; CRM Commerce and Brand Consulting that is primarily comprised of Omnicom Commerce Group, including our shopper marketing businesses, and Omnicom Brand Consulting agencies; CRM Experiential, which includes our experiential marketing agencies and events businesses; and CRM Execution & Support, which includes field marketing, merchandising and point of sale, as well as other specialized marketing and custom communications services.

Forward-looking Statements

Certain statements in this press release related to the potential impact of the COVID-19 outbreak constitute forward-looking statements, including statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may discuss goals, intentions and expectations as to future plans, trends, events, results of operations or financial condition, or otherwise, based on current beliefs of the Company’s management as well as assumptions made by, and information currently available to, the Company’s management. Forward-looking statements may be accompanied by words such as “aim,” “anticipate,” “believe,” “plan,” “could,” “should,” “would,” “estimate,” “expect,” “forecast,” “future,” “guidance,” “intend,” “may,” “will,” “possible,” “potential,” “predict,” “project” or similar words, phrases or expressions.

Forward-looking statements are subject to various risks and uncertainties, many of which are outside the Company’s control. Therefore, you should not place undue reliance on such statements. You should carefully consider this and the other risks and uncertainties that may affect the Company’s business, including those described in Item 1A, “Risk Factors” and Item 7, “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our most recent Annual Report on Form 10-K and other documents filed from time to time with the Securities and Exchange Commission. Except as required under applicable law, the Company does not assume any obligation to update these forward-looking statements.

Conference Call

Omnicom will host a conference call to review the first quarter 2021 financial results on Tuesday, April 20, 2021 at 8:30 a.m. EDT. Participants can listen to the conference call by dialing (877) 336-4440 (domestic) or (409) 207-6984 (international), along with access code 5410296. The call will also be simulcast and archived on our website at: https://investor.omnicomgroup.com/investor-relations/news-events-and-filings.

About Omnicom Group Inc.

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 70 countries.  Follow us on Twitter for the latest news.

Omnicom Group Inc.
Consolidated Statements of Income
Three Months Ended March 31
(Unaudited)
(Dollars in Millions, Except Per Share Data)
		2021			2020
Revenue	$	3,426.9		$	3,406.9
Operating Expenses:
Salary and service costs		2,545.0			2,533.3
Occupancy and other costs		291.6			309.6
Costs of services		2,836.6			2,842.9
Selling, general and administrative expenses		71.6			86.8
Depreciation and amortization		53.3			57.0
		2,961.5			2,986.7
Operating Profit		465.4			420.2
Interest Expense		53.8			58.5
Interest Income		6.3			12.7
Income Before Income Taxes		417.9			374.4
Income Tax Expense		111.9			97.4
Income (Loss) From Equity Method Investments		—			(5.3)
Net Income		306.0			271.7
Net Income Attributed To Noncontrolling Interests		18.2			13.6
Net Income – Omnicom Group Inc.	$	287.8		$	258.1
Net Income Per Share – Omnicom Group Inc.
Basic	$	1.33		$	1.19
Diluted	$	1.33		$	1.19
Weighted average shares (in millions)
Basic		215.6			216.6
Diluted		216.8			217.5
Dividends Declared Per Common Share	$	0.70		$	0.65

Omnicom Group Inc.
Detail of Operating Expenses
Three Months Ended March 31
(Unaudited)
(Dollars in Millions)
		2021			2020
Operating Expenses:
Salary and service costs
Salary and related service costs	$	1,649.2		$	1,642.4
Third-party service costs		895.8			890.9
Occupancy and other costs		291.6			309.6
Costs of services		2,836.6			2,842.9
Selling, general and administrative expenses		71.6			86.8
Depreciation and amortization		53.3			57.0
Total Operating Expenses	$	2,961.5		$	2,986.7

Omnicom Group Inc.
Reconciliation of Non-GAAP Financial Measures – EBITA
Three Months Ended March 31
(Unaudited)
(Dollars in Millions)
		2021				2020
Net Income – Omnicom Group Inc.	$	287.8			$	258.1
Net Income Attributed To Noncontrolling Interests		18.2				13.6
Net Income		306.0				271.7
Income (Loss) From Equity Method Investments		—				(5.3)
Income Tax Expense		111.9				97.4
Income Before Income Taxes		417.9				374.4
Interest Income		6.3				12.7
Interest Expense		53.8				58.5
Operating Profit		465.4				420.2
Add back: Amortization of intangible assets		19.9				20.8
Earnings before interest, taxes and amortization of intangible assets (“EBITA”)	$	485.3			$	441.0
Revenue	$	3,426.9			$	3,406.9
EBITA	$	485.3			$	441.0
EBITA Margin %		14.2	%			12.9	%

The above table reconciles the U.S. GAAP financial measure of Net Income – Omnicom Group Inc. to EBITA (defined as earnings before interest, taxes and amortization of intangible assets) and EBITA Margin (defined as EBITA divided by revenue) for the periods presented. We use EBITA and EBITA Margin as additional operating performance measures, which exclude the non-cash amortization expense of intangible assets (primarily consisting of amortization of intangible assets arising from acquisitions). Accordingly, we believe EBITA and EBITA Margin are useful measures for investors to evaluate the performance of our business. 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.

NEW YORK, April 13, 2021 /PRNewswire/ — Omnicom Group Inc. (NYSE: OMC) will publish its first quarter 2021 results on Tuesday, April 20, 2021 before the New York Stock Exchange opens. The company will also host a conference call to review the financial results on Tuesday, April 20, 2021 starting at 8:30 a.m. EDT.  Participants may listen to the conference call by dialing (877) 336-4440 (domestic) or (409) 207-6984 (international), along with access code 5410296. The conference call will be simulcast and archived on our website at investor.omnicomgroup.com.  

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 70 countries. Follow us on Twitter for the latest news. 

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SOURCE Omnicom Group Inc.

NEW YORK, April 14, 2021 /PRNewswire/ — Omnicom Health Group, the largest healthcare marketing and communications group in the world, and part of Omnicom Group Inc. (NYSE: OMC), announced today that it has acquired Archbow Consulting.

Established in 2017 by industry veterans Douglas Bock, Kevin Cast, and DeWayne Manning, Archbow helps pharmaceutical and biotech companies design, build, and optimize market access operations, product distribution, and patient access hubs. Bock, Cast, and Manning will continue to lead the company as part of the Entrée Health network, Omnicom Health Group’s dedicated value and access center of excellence.

“Healthcare clients are actively prioritizing market access, and more and more, they’re looking for integrated solutions,” said Ed Wise, CEO, Omnicom Health Group. “Archbow’s market access operations expertise strongly complements our current value and access capabilities. I want to welcome their entire team to our group.”

“We’ve admired Archbow Consulting and their team from a strategic and a cultural perspective, and I know that together we will create a stronger offering for our clients,” said Andrew Gottfried, CEO, Entrée Health network. “Their distribution, patient services and operational expertise adds a critical new consultative service to our offerings. I am thrilled to find a partner so aligned with our mission—that everyone deserves access to the healthcare they need.”

“We see many exciting business opportunities for a combined Archbow and Entrée Health. We will immediately be able to offer a more varied set of consulting services to pharma and biotech companies across a broad spectrum from operations to marketing. We’re excited to give our clients and our people access to the full breadth of value and capabilities at Omnicom Health Group,” said Archbow’s founding partners Douglas Bock, Kevin Cast, and DeWayne Manning.

ABOUT OMNICOM HEALTH GROUP
Omnicom Health Group (www.omnicomhealthgroup.com) is a global collective of communications companies with more than 3,200 dedicated healthcare communications specialists. It provides marketing services to the health and life-science industries through a combination of specialized agencies, customized client solutions, and collaborations with other Omnicom network agencies. Organized around four customer groups—healthcare professionals, patients, payers, and medical, evidence and regulatory stakeholders—Omnicom Health Group serves more than 100 clients in over 55 offices worldwide. Omnicom Health Group is part of the DAS Group of Companies, a division of Omnicom Group Inc., and a global group of marketing services companies with over 200 companies in the following marketing disciplines: healthcare, public relations, customer relationship management, events, promotional marketing, branding, research and advertising.

ABOUT ARCHBOW CONSULTING
Archbow Consulting helps pharma and biotech companies design, build, and optimize product distribution and patient access strategies. Their employees average 20+ years of real-world experience, spanning payers, PBMs, specialty pharmacies, wholesalers, hubs, 3PLs, distributors and hospitals.

ABOUT ENTRÉE HEALTH
Comprised of Valuate Health Consultancy and three full-service value and access agencies, the Entrée Health network is fully focused on value and access strategy and communications for healthcare clients. The network’s proprietary, integrated data enables the Entrée Health companies to optimize market access and value strategy and create award-winning communications for drug, device, and diagnostics manufacturers.

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 70 countries. Follow us on Twitter for the latest news.

SOURCE Omnicom Health Group

NEW YORK, April 6, 2021 /PRNewswire/ — Omnicom Group (NYSE: OMC) today announced it has signed a multi-year agreement with Allianz, a leading financial services provider, for creative development and production services. Through this master framework agreement, Omnicom will produce work for Allianz on a global and local level, offering creative solutions to activate the global brand strategy for the more than 70 countries Allianz operates in.

The global relationship will be managed by the “A-Lab”, a specially formed, multi-disciplinary team of leaders who will lead, direct and align all brand activities from a strategy, creative, audience and data perspective. In an open ecosystem approach, the “A-Lab” will pull together teams for individual projects with best-in-class capabilities from Omnicom and beyond.

“We are thrilled to partner with Allianz to further strengthen its brand, with a focus on increasing its role in the lives of consumers around the world,” said Asit Mehra, Executive Vice President at Omnicom Group. “We’re leveraging Omnicom’s global scale and stand-out creativity to create a nimble, flexible and bespoke solution, led by the ‘A-Lab’. With the full power of Omnicom being tapped, we’re ready to help Allianz continue building prominence worldwide.” 

Allianz continues to rapidly build its brand across the globe. In Interbrand’s 2020 ranking of Best Global Brands, Allianz emerged as the top insurance brand in the world for the second year in a row. In just ten years, Allianz moved from 67^th place on the list with a brand value of $4.9 billion in 2010, to 39^th place with a brand value of almost $13 billion in 2020. The quick growth highlights its amounting strength, and the company has set a goal to become a Top 25 brand by 2025.

The agreement with Omnicom comes after an intense pitch process involving a number of industry competitors and several months of deliberation. Omnicom will kick off its creative solutions for Allianz in the second quarter of 2021. 

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 70 countries. Follow us on Twitter for the latest news.

About Allianz 
The Allianz Group is one of the world’s leading insurers and asset managers with more than 100 million* private and corporate customers in more than 70 countries. Allianz customers benefit from a broad range of personal and corporate insurance services, ranging from property, life and health insurance to assistance services to credit insurance and global business insurance. Allianz is one of the world’s largest investors, managing around 790 billion euros on behalf of its insurance customers. Furthermore, our asset managers PIMCO and Allianz Global Investors manage 1.7 trillion euros of third-party assets. Thanks to our systematic integration of ecological and social criteria in our business processes and investment decisions, we are amongst the leaders in the insurance industry in the Dow Jones Sustainability Index. In 2020, over 150,000 employees achieved total revenues of 140 billion euros and an operating profit of 10.8 billion euros for the group.

These assessments are, as always, subject to the disclaimer provided below.

*Including non-consolidated entities with Allianz customers.

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SOURCE Omnicom Group Inc.