Omnicom Reports Strong Core Revenue Growth and Reaffirms Cost-Cutting Plan

Omnicom reported first-quarter core operations revenue of $5.6 billion, up 6.7% year-over-year, driven by new business wins following its acquisition of Interpublic Group (IPG). The company reaffirmed plans to cut costs by $900 million in 2026 and $1.5 billion by mid-2028.

By Jessica Hammers May 4, 2026 3 min read · Yahoo Finance ·

Omnicom Reports Strong Core Revenue Growth and Reaffirms Cost-Cutting Plan

Tickers: $IPG $OMC

Topics: acquisition_impact cost_cuts revenue_growth

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