Omnicom releases Q4 2007 earnings

NEW YORK: Omnicom Group reported its net income for Q4 2007 has increased 13.2% to $313.9 million, compared to $277.2 million at the same time last year. The company saw a 9.6% increase in revenue from its PR holdings, and its diluted earnings per share increased by 18.5% from Q4 2006. Worldwide revenue increased by more than 12%, from $3.2 billion to $3.6 billion. Domestic revenue increased 9.5% from $1.6 billion to 1.8 billion. Organic revenue for the company increased by 6.6%.

NEW YORK: Omnicom Group reported its net income for Q4 2007 has increased 13.2% to $313.9 million, compared to $277.2 million at the same time last year. The company saw a 9.6% increase in revenue from its PR holdings, and its diluted earnings per share increased by 18.5% from Q4 2006. Worldwide revenue increased by more than 12%, from $3.2 billion to $3.6 billion. Domestic revenue increased 9.5% from $1.6 billion to 1.8 billion. Organic revenue for the company increased by 6.6%.

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