Advertising group, Omnicom, beat Wall Street expectations, as third quarter worldwide revenue climbed by 14% a year ago to $2,319 million.
Revenue in the US alone reached $1,261.3 million, climbing 14% year-on-year, while international revenue increased 15% to $1,057.7 million.
Net income from July to September grew by 17% to $145.3 million from $124.6 million on the same period last year.
Yesterday, UK based advertising group, WPP, also surpassed expectations in the third quarter of this year, as revenue rose by nearly 4% to £1.068 billion, marking the first time ever the company has broken through the billion-pound barrier in a three-month period (see WPP Revenues Grow By 4% To Exceed Expectations And £1bn Barrier).
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