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Research Alert: Omc: Q1 In Line With Strong Margin Expansion; Ipg Integration Progressing

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-- CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:

OMC posted Q1 adjusted EPS of $1.90, up 12.2% but below the $1.91 consensus estimate. Core Operations revenue grew 6.7% to $5.6B, in line with consensus, with 3.9% organic growth and adjusted EBITA margin expanding 240 bps to 14.8%, driven by IPG acquisition synergies. Management remains on track to achieve its $1.5B total synergy target, with strong performance driving 27.6% EBITA growth to $833.5M despite integration charges. Revenue is diversified with Integrated Media representing 51.5% of Core Operations, while the U.S. accounts for 61.4% geographically, positioning the company across multiple service lines and markets. The company completed $2.8B in share repurchases under its $5.0B authorization, demonstrating confidence in integration success. We believe the combination of synergy realization and disciplined capital allocation positions OMC for sustained profitability growth, though organic growth acceleration beyond 3.9% will be key as integration efforts mature.

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