Omnicom profits up 28%

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Omnicom Group, New York, made double-digit gains in the first quarter. Net income was up 28% over a year earlier, to $65.6 million. Worldwide revenue from commission and fee income increased 27% to $1.15 billion--domestic revenue rose 24% to $587.2 million, and international climbed 30% to $559.7 million.

Copyright April 1999, Crain Communications Inc.

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