|

Omnicom Posts Revenue Increase

Omnicom Posts Revenue Increase

Omnicom Group has announced that net income for the fourth quarter of 2007 increased 13.2% to $313.9 million from $277.2 million in the fourth quarter of 2006.

Worldwide revenue increased 12.7% to $3,626.0 million, from $3,216.2 million in the fourth quarter of 2006. Domestic revenue for Q4 increased 9.5% to $1,845.9 million compared to $1,685.1 million in the fourth quarter of 2006.

International revenue increased 16.3% to $1,780.1 million compared to $1,531.1 million in the fourth quarter of 2006. Net income for the twelve months ending December 31 2007 increased 12.9% to $975.7 million from $864.

Worldwide revenue for the twelve months increased 11.6% year on year to $12,694 million, while domestic revenue increased 8.2% to $6,704.2 million.

International revenue was up 15.6% year on year to $5,989.8 million from $5,182.9 million in 2006.

Media Jobs