News Brief

Omnicom Gets Slammed In 2Q, Down 24%

Jul 23, 2009, 3:00 PM
  • Comment
  • Recommend (4)
Subscribe to MediaDailyNews
Omnicom Group reported a 24% decline in second-quarter profit on a 17% drop in worldwide revenue. Organic revenue was down 11%. The holding company's recruitment business fell almost 45%; automotive, 30%; events and sports marketing 40%; and not-for-profit dropped 40%. A big factor in the auto hit was the bankruptcy of client Chrysler.

Be the first to comment on "Omnicom Gets Slammed In 2Q, Down 24%"

Leave a Comment

Sign in to leave a comment. Don't have an account? Join Now

Recent MediaDailyNews Articles

>> MediaDailyNews Archives