Omnicom Group Inc (OMC) Q4 2019 Earnings Call Transcript

Omnicom Group Inc (OMC) Q4 2019 Earnings Call Transcript

Phil Angelastro will review our financial results for the quarter, and then we will open the line for your questions.. For the year, EBIT margin was up 40 basis points to 14.2%, excluding the effect of our third quarter 2018 dispositions and repositioning actions, and EPS for the quarter was up 6.8% to $1.89 per share.. CRM Execution & Support was down double-digits in the U.S., and public relations also had negative growth.. Our balance sheet and credit ratings remain very strong.. To meet our clients' desire for simplicity and to be better able to recruit and deliver the best talent to them, we've structured our service offerings around our practice areas and our Global Client Leaders Group.. The Global Client and practice area leaders can deliver expertise and talent to our clients that is aligned with their business strategies and can tackle their marketing challenges.. One of our long-standing practice areas, which is very well aligned with our Global Client Leaders Group, is Omnicom Health Group.. Over the past year, it has begun to use Omni, our people based precision marketing and insights platform, to better understand healthcare professionals and patients' online behavior.. PHD also won Media Network of