Omnicom Group Inc (OMC) Q1 2020 Earnings Call Transcript

Omnicom Group Inc (OMC) Q1 2020 Earnings Call Transcript

On the call with me today is John Wren, our Chairman and Chief Executive Officer, and Phil Angelastro, our Chief Financial Officer.. We are going to begin this morning's call with an overview of our business from John Wren.. Then Phil Angelastro will review our financial results for the quarter and then we will open up the line for your questions.. Our clients have expressed deep appreciation for how seamless to working with our agencies from home has been.. Omnicom as a whole is operating very well.. Before getting into the first quarter, I'd like to explain the actions we've taken to date to improve the strength of our company.. I will then come back to more specifically address how we are servicing our clients and responding to protect our business in the current environment.. Certain businesses were impacted much more than others in the first quarter, and March was more affected than January and February.. The more highly impacted disciplines for us in the first quarter for events and field marketing, which are dependent on social interactions and group gatherings, and as I mentioned on our last call, our events business was all but shut down in China earlier