Omnicom Records Strong Quarter, Cites New Business, Improved Ad Spending

  • October 26, 2004
Omnicom, the parent of OMD and PHD, Tuesday reported third quarter revenues of $2.319 billion, a 14 percent increase over the third quarter of 2003. That's the same 14 percent pace that Omnicom has managed during the first nine months of the year, which saw company revenues rise to $6.958 billion from $6.115 billion during the first nine months of 2003. Omnicom attributed the growth to a combination of new business wins and improved ad spending by its clients.
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