Omnicom: Q1 Income, Revenues Surge

  • April 26, 2005
Omnicom Group, the world's largest agency holding company and the parent of PHD and OMD, Tuesday reported net income for the first quarter of 2005 increased 11% to $150.5 million from $135.6 million in the first quarter of 2004. Worldwide revenue increased 8% to $2,403.0 million from $2,231.4 million in the first quarter of 2004. Domestic revenue for the first quarter of 2005 increased 8% to $1,312.1 million compared to $1,221.2 million in 2004. International revenue increased 8% to $1,090.9 million compared to $1,010.2 million last year. -- J.M.
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