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Omnicom Records Net Income Increase

Omnicom Records Net Income Increase

Omnicom has announced that its net income for the fourth quarter of 2006 increased 9.7% to $277.2 million from $252.6 million in the fourth quarter of 2005.

The company’s worldwide revenue increased 9.4% to $3,2162.2 million from $2,939.4 million in the fourth quarter of 2005, whilst its domestic revenue for the fourth quarter of 2006 increased 7.0% to $1,685.1 million compared to $1,575.5 million in the fourth quarter of 2005.

For the year ending December 31, 2006 Omnicom’s net income increased 9.3% to $864.0 million from $790.7 million in 2005.

Worldwide revenue for 2006 increased 8.5% to $11,376.9 million from $10,481.1 million in the same period in 2005. Domestic revenue for the twelve months ended December 31, 2006 increased 7.8% year on year to $6,194.0 million.

International revenue for 2006 increased 9.4% year on year to $5,182.9 million from $4,737.2 million.

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