Omnicom Nets Solid Q2

  • August 6, 2002
Omnicom Group, which counts BBDO, DDB and TBWA/Chiat/Day among its roster of companies announced that net income for the second quarter of 2002 increased 9% to $187.3 million from $171.4 million in the second quarter of 2001. Worldwide revenue increased 9.7% to $1,916.6 million in Q2, up from $1,746.8 million last year. Domestic revenue for the second quarter of 2002 increased 21% to $1,119.4 million compared to $925.3 million in 2001. International revenue for the second quarter of 2002 decreased 3% to $797.2 million compared to $821.5 million in 2001. Year-to-date the media behemoth is tracking 10% ahead of last year, despite a rumoured accounting controversy.
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