Omnicom revenue decreased 1.8% year over yearin the cover samsung a3 2015 colorata cover samsung s7 volpe first quarter, largely due to foreign cover samsung s8 nba exchange rates and disposition activity; organic revenue growth was cover samsung galaxy grand prime marmo flat at 0.3%.
However, the quarter which ended on March 31 only captures a portion of the impact COVID 19 cover samsung galaxy core prime unicorno will have on the holding company business. custodia cover iphone John Wren, CEO of Omnicom, said during an investor call on Tuesday that while organic revenue grew by 3% in January and February, it declined by 3% in March. custodia samsung Even though it said clients in healthcare, technology, telecommunications, financial services and consumer products have relatively well during the pandemic, the economic uncertaintymeans all marketers are looking shawn mendes cover samsung j5 to reduce expenditures.
To combat this loss of revenue, Wren said Omnicom cover samsung s5 mini leone will continue to reduce costs, on top of the pay reductions, furloughs and layoffs it moschino cover samsung cover samsung s10 harry potter has already conducted. custodia huawei More flip cover samsung j6 2018 of those could come, cover samsung galaxy grand neo plus rigida and Wren said the company continue to evaluate our portfolio of agencies to identify businesses that are non core or underperforming for potential realignment or disposition. custodia cover samsung Each of its agencies are currently examining ways to align cost structures, including looking at staff reductions cover samsung galaxy j5 cover samsung j5 2015 stich 2016 brillantini and cover samsung a6 10.1 tailoring services to cover samsung j5 201 better fit current client demand, though the company did not provide more details.
For the entirety of the quarter, healthcare was the only area of Omnicom business that saw significant organic growth, at 9.6%. custodia cover samsung PR grew cover samsung j5 2016 stregatto by 0.2% and advertising fell by 0.1%, while its CRM Customer cover samsung s7 travel Experience and CRM Execution divisions were down by 1.3% cover samsung galaxy a 2015 and 0.9%, respectively.