Omnicom net up 30%

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Omnicom Group, New York, reported a 30% increase in third- quarter net income to $53.8 million on a 31% increase in worldwide revenues to $981.6 million. The results reflect in part the impact of 1997 acquisitions. Omnicom said third quarter domestic revenues increased 27% to $509.2 million, while international revenues increased 37% to $472.4 million.

Copyright October 1998, Crain Communications Inc.

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