Apr
18
Omnicom Group Posts First Quarter Profit of $205 Million
Posted in: Uncategorized
Omnicom Group on Thursday reported a slight increase in profit for the first quarter of 2013.
Net income rose to $205.1 million, compared with $204.6 million in the first quarter of 2012, said the New York-based ad holding company. It is the parent of global creative networks DDB Worldwide and BBDO Worldwide as well as media agencies PHD and OMD.
The company said worldwide revenue increased 2.8% to nearly $3.4 billion. Domestic revenue saw a bit of a higher lift than international revenue did (rising 4.2% compared to 1.2%).
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