Around the Net
Omnicom Global Revenue Down, But UK Is Up 7%
- Campaign, Wednesday, February 10, 2016 7:05 AM
Omnicom, the owner of the BBDO and OMD networks, has reported income before income taxes of $1.78 billion, down 1.7% year-on-year. In its financial results for the 12 months ending 31 December 2015, Omnicom's global revenue dropped by 1.2% to $15.13 billion last year after the holding company was hit negatively by currency movements. Revenue at the U.K. business, which includes Adam & Eve/DDB, Abbott Mead Vickers BBDO and Manning Gottlieb OMD, was up by 7.1% year-on-year.
