Omnicom posts net income increase in Q4

NEW YORK: Omnicom Group posted $236.5 million in net income in the fourth quarter, a 12% increase over the fourth quarter of 2003.

NEW YORK: Omnicom Group posted $236.5 million in net income in the fourth quarter, a 12% increase over the fourth quarter of 2003.

Total revenue for the quarter was nearly $2.8 billion worldwide, an 11% increase from $2.5 billion in the fourth quarter of 2003.

Net income for all of 2004 rose 15% from the previous year, to $723.5 million. Total worldwide revenue for the year was $9.75 billion, a 13% increase from 2003.

Omnicom's PR agencies include Ketchum, Fleishman-Hillard, and Porter Novelli.

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