Omnicom says it is on track for $900m of Interpublic cost synergies in 2026

Omnicom said on 22 October 2026 that it is on track for $900m of cost-reduction synergies this year from its acquisition of The Interpublic Group of Companies (IPG), as revenue from its Core Operations rose 7.2% organically in the third quarter and non-GAAP adjusted diluted EPS climbed 22% to $2.73. The advertising group closed the IPG deal on 26 November 2025. Reported revenue for Q3 2026 was $6.4bn, up from $4.0bn a year earlier, which Omnicom said was primarily due to the acquisition and constant currency revenue growth.

Omnicom's Core Operations measure excludes businesses it has sold or classified as held for sale, and compares 2026 with combined Omnicom and IPG figures for 2025. On that basis, Q3 2026 revenue rose 7.3% to $6.0bn, including 7.2% organic growth. Non-GAAP adjusted EBITA from Core Operations was $1.1bn. Chairman and Chief Executive Officer John Wren said the integration is nearly complete.

On a reported basis, net income attributable to Omnicom was $656.0m in Q3 2026, against $341.3m a year earlier, and diluted EPS was $2.38, against $1.75. Non-GAAP adjusted diluted EPS rose 21.9% to $2.73 from $2.24, a comparison with Omnicom's standalone Q3 2025 result before IPG. Both group adjusted EBITA and Core Operations adjusted EBITA for Q3 2026 exclude $125.1m of repositioning, integration and acquisition-related costs and a $106.8m gain on the disposition of a subsidiary, a net adjustment of $18.3m. Revenue from businesses sold or held for sale was $412.1m. The United States made up 60.2% of Core Operations revenue.