Omnicom Doubles Its Cost-Saving Target to $1.5 Billion
Omnicom, now the world's largest advertising holding company after acquiring IPG, announced a 10.1% revenue growth to $17.3 billion in 2025. Despite a net loss of $54.5 million due to acquisition costs, the company has doubled its cost synergy target to $1.5 billion, with $900 million aimed for 2026. This significant saving will be partly reinvested into their Omni data and AI platform, alongside a $5.0 billion share buyback program.
https://lbbonline.com/news/Omnicom-Doubles-Its-Cost-Saving-Target-to-dollar15-Billion