Omnicom’s share price performed best among the leading agency groups in 2022, in what proved to be a tough year for the sector as strong revenue growth failed to offset investors’ concerns about a global slowdown.
US-based Omnicom’s stock price rose 11.3% to $81.57 (£67.23), making it a rarity among its peers as most of the other big agency holding companies saw their valuations flatline or decline.
Paris-based Publicis’ share price was up 0.4% at €59.42 (£52.60) over the year, US-listed Interpublic (IPG) was down 11.1% at $33.31 (£27.45) and Britain’s WPP fell 26.7% to 820p.
Omnicom’s total shareholder return (TSR), which included dividend payments and is a
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