Slide 1: Second Quarter 2004 Results Investor Presentation
Exhibit 99.2 OmnicomGroup SECOND QUARTER 2004 RESULTS Investor Presentation July 27, 2004 The following materials have been prepared for use in the July 27, 2004 conference call on Omnicom’s results of operations for the quarter ended June 30, 2004. The call will be archived on the Internet at http:
Slide 2: 2004 vs. 2003 P&L Summary
Second Quarter (a) Year to Date (a) % % 2004 2003 (Change) 2004 2003 (Change) Revenue $2,407.8 $2,149.5 12.0% $4,639.2 $4,086.8 13.5% Operating Income 343.7 319.3 7.6% 573.1 521.6 9.9% % Margin 14.3% 14.9% 12.4% 12.8% Net Interest Expense 7.3 12.9 17.7 21.2 Profit Before Tax 336.4 306.4 9.8% 555.4 5
Slide 3: Potential Impact of EITF 04-8
Diluted 188.2 187.2 188.8 186.9 Dividend Declared Per Share $0.225 $0.200 $0.450 $0.400 (a) In connection with our adoption on January 1, 2004 of SFAS 123 – “Accounting for Stock-Based Compensation” as amended by SFAS 148, “Accounting for Stock-Based Compensation – Transition and Disclosure, an amen
Slide 4: 2004 Total Revenue Growth
OmnicomGroup 4 2004 Total Revenue Growth Second Quarter Year to Date $ % $ % Prior Period Revenue $2,149.5 $4,086.8 Foreign Exchange (FX) Impact(a) 75.3 3.5% 205.1 5.0% Acquisition Revenue(b) 54.7 2.5% 106.9 2.6% Organic Revenue(c) 128.3 6.0% 240.4 5.9% Current Period Revenue $2,407.8 12.0% $4,639.2
Slide 5: 2004 Revenue By Geography
CRM 808.7 10.3% PR 263.1 10.5% Specialty 276.1 17.8% $ Mix % Growth(a) Advertising 2,037.1 13.1% CRM 1,558.8 14.3% PR 502.4 9.2% Specialty 540.9 17.2% (a) “Growth” is the year-over-year growth from the prior period. Certain reclassifications have been made to the June 30, 2003 presentation to confor
Slide 6: Revenue By Geography
United States $1,312.2 $130.0 Organic 84.2 Acquisition 45.8 International $1,095.6 $128.3 Organic 44.1 Acquisition 8.9 FX 75.3 $ Mix % Growth United States $1,312.2 11.0% Euro Currency Markets 503.8 12.7% United Kingdom 261.4 12.6% Other 330.4 13.3% $ Mix $ Growth United States $2,533.4 $251.6 Organ
Slide 7: Current Credit Picture
Operating Income (EBIT) (a) $1,143 $1,015 Net Interest Expense (a) $ 39.3 $ 34.4 EBIT / Net Interest 29.1x 29.5x Net Debt / EBIT 1.7x 2.0x Debt: Bank Loans (Due Less Than 1 Year) $ 41 $ 65 $1.5 Billion Revolver Due 5/21/09 — — CP issued under 364 Day Facility (b) — — 5.20% Euro Notes Due 6/24/05 (c)
Slide 8: Traditional Return on Equity
Total Committed Facilities 2,039 39 2,000 Uncommitted Facilities (b) 398 2 — Total Credit Facilities $2,437 $ 41 2,000 Cash & Short Term Investments 678 Total Liquidity Available $2,678 (a) The underlying $500 million 364 Day Credit facility expires 5/21/05 plus one-year term out at Omnicom’s option
Slide 9: Acquisitions Summary
OmnicomGroup 10 Acquisitions Summary Acquisition Related Expenditures 6 Months YTD 2004 New Subsidiary Acquisitions (a) $ 4 Affiliates to Subsidiaries (b) — Affiliates (c) 1 Existing Subsidiaries (d) 60 Earn-outs (e) 121 Total Acquisition Expenditures $186 Note: See appendix for subsidiary acquisiti
Slide 10: Potential Obligations
2004(b) 2005 2006 2007 Thereafter Total $72 $157 $55 $53 $28 $365 (a) The ultimate payments will vary as they are dependent on future events and changes in FX rates. (b) Estimated remaining obligation as of June 30, 2004. OmnicomGroup 13 Potential Obligations In conjunction with certain transactions
Slide 11: Second Quarter Acquisition: Exile on 7eventh LLC
Exile on 7eventh LLC Formed in 1996, Exile on 7eventh LLC is an interactive marketing communications services company. The Company combines online media planning and buying with creative online ad campaigns and campaign data analysis. Exile on 7eventh is located in San Francisco and will be integrat