Omnicom Group Inc (NYSE:OMC)
$ 86.39 -0.31 (-0.36%) Market Cap: 16.97 Bil Enterprise Value: 22.25 Bil PE Ratio: 11.80 PB Ratio: 4.25 GF Score: 86/100

Omnicom Group Inc at Morgan Stanley Technology, Media & Telecom Conference Transcript

Mar 05, 2024 / 07:45PM GMT
Release Date Price: $89.06 (-0.16%)
Cameron Alan McVeigh
Morgan Stanley, Research Division - Research Associate

Please note that important disclosures, including my personal holding disclosures and Morgan Stanley's disclosures, all appear as a handout available in the registration area and on the Morgan Stanley public website.

So I'd like to welcome John Wren, Chairman and CEO; and Phil Angelastro, EVP and CFO for the conference. Welcome both.

John D. Wren
Omnicom Group Inc. - Chairman & CEO

Thank you.

Questions & Answers

Cameron Alan McVeigh
Morgan Stanley, Research Division - Research Associate

To start, you've gone through a number of dispositions and acquisitions recently, most notably the disposition of ICON and the recent acquisition of Flywheel. What is the strategy behind this active M&A cycle Omnicom seems to be in? And how does it position the company to grow more quickly?

John D. Wren
Omnicom Group Inc. - Chairman & CEO

Sure. Phil and I both are perpetually

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