Omnicom Group Inc. (OMC) Q4 2022 Earnings Call Transcript

Omnicom Group Inc. (NYSE:OMC) Q4 2022 Earnings Conference Call February 7, 2023 4:30 PM ET

Company Participants

Gregory Lundberg - Senior Vice President, Investor Relations

John Wren - Chairman & Chief Executive Officer

Phil Angelastro - EVP & Chief Financial Officer

Conference Call Participants

Steven Cahall - Wells Fargo

David Karnovsky - JPMorgan

Ben Swinburne - Morgan Stanley

Michael Nathanson - MoffettNathanson LLC

Tim Nollen - Macquarie Research

Jason Bazinet - Citigroup

Craig Huber - Huber Research Partners

Operator

Good afternoon, and welcome to the Omnicom Fourth Quarter and Full Year 2022 Earnings Release Conference Call. [Operator Instructions] As a reminder, this conference call is being recorded.

At this time, I'd like to introduce you to your host for today's conference, Senior Vice President of Investor Relations, Gregory Lundberg. Please go ahead.

Gregory Lundberg

Thank you for joining our fourth quarter and full year 2022 earnings call. With me today are John Wren, Chairman and Chief Executive Officer; and Phil Angelastro, Executive Vice President and Chief Financial Officer.

On our website, omnicomgroup.com., we've posted a press release along with the presentation covering the information we'll review today as well as a webcast of this call. An archived version will be available when today's call concludes.

Before we start, I would like to remind everyone to read the forward-looking statements and non-GAAP financial and other information that we have included at the end of our investor presentation. Certain of the statements made today may constitute forward-looking statements, and these statements are our present expectations.

Relevant factors that could cause actual results to differ materially are listed in our earnings materials and in our SEC filings, including our Form 10-K, which should be filed tomorrow.

During the course of today's call, we will also discuss certain non-GAAP measures. You can find the reconciliation of these to the nearest comparable GAAP measures in the presentation materials.

We'll begin the call with an overview of our business from John, then Phil will review our financial results for the quarter. And after our prepared remarks, we'll open up the lines for your questions.

I'll now hand the call over to John.

John Wren

Thank you, Greg. Good afternoon, everyone, and thank you for joining us today for our fourth quarter and full year 2022 results. I'm pleased to report our fourth quarter performance was very strong on both the top and bottom lines, and we finished an outstanding year in 2022. We entered 2023 with a high level of confidence in our strategic and financial position while remaining cautious and being prepared for possible changes in the geopolitical and macroeconomic environment.