OMC · Omnicom Group Q2 FY2026 earnings call record财报电话会记录

“Ongoing or core operations adjusted EBITDA growth was 20.4%, and EBITDA margin increased by almost 200 basis points to 17.8% as compared to the combined operations in the second quarter of 2025.”

“Brands are focusing investment where they can build deeper and more direct relationships with their customers.”

“Given our first half performance, we're raising our full-year guidance for 2026 organic revenue growth from ongoing operations from 4% to 4.5% to 5%.”

“Adjusted EBITDA grew $181.4 million or 20.4%, and the related adjusted EBITDA margin increased to 17.8% from 15.9%, primarily driven by cost reduction synergies.”

“Adjusted EBITDA grew 23.5%, and related adjusted EBITDA margin increased to 16.4% from 14.2%, again, primarily driven by cost reduction synergies.”

“We plan to complete the $5 billion share repurchase program announced in February 2026 by the end of Q1 2027.”

“Please note that the total and net leverage ratios on this slide, which compares the last 12 months ended June 30, 2026, and the prior year reflect the full assumption of Interpublic's debt, but only EBITDA from Interpublic for the seven months since the date of acquisition.”

“At June 30, 2026, we were in compliance with the leverage ratio covenant in our credit facility, which makes pro forma adjustments for the impact of the acquisition.”

“Our liquidity also includes an undrawn $3.5 billion revolving credit facility, which backstops our $3 billion commercial paper program.”

“At 200 basis points margin improvement, and we've done that for the first six months.”

“I'm not sure I can split those exact numbers for you, but I think I would say if you look at it as how much of what we expect to sell have we completed, it's probably about close to 60% of the businesses that we intend to sell have been sold, or 60% of the annualized revenue Which we talked about before, between $3.5 billion and $3.6 billion have been sold.”

“If you then consider our expectations for Q3 and Q4 of what we have left to do, the contribution of those assets that we're selling in Q3, we expect to be $300 million in revenue and around a 10% margin or so, and $225 million of revenue in Q4 and around about a 10% margin or so.”