Omnicom reports increase in net income during 2010

David Woods, prweek.com, Monday, 21 February 2011, 11:18am,

Omnicom Group, the parent company of Fleishman-Hillard, Porter-Novelli and Ketchum, reported its net income for the fourth quarter of 2010 increased 7.4% to $246.5 million from $229.6 million in the fourth quarter of 2009.

Omnicom’s diluted net income per common share in the fourth quarter of 2010 increased 13.7% to $0.83 per share from $0.73 per share in the fourth quarter of 2009.

Worldwide revenue increased 9.8% to $3,586.8 million from $3,265.9 million in the fourth quarter of 2009.

Omnicom’s net income for the twelve months ended December 31, 2010 increased 4.4% to $827.7 million from $793.0 million in the same period in 2009.

Omnicom’s diluted net income per common share for the twelve months ended December 31, 2010 increased 6.7% to $2.70 per share in 2010 from $2.53 per share in the same period in 2009.

Worldwide revenue for the twelve months ended December 31, 2010 increased 7.0% to $12,542.5 million from $11,720.7 million in the same period in 2009.