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.