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Omnicom up in quarter

Published on .

Omnicom Group, New York, reported a 27% increase in net income for the third quarter, to $23.7 million. Worldwide revenue jumped 18% to $537.7 million. Domestic revenue increased 14% to $272.3 million. Results for both 1995 and 1994 were restated to include the acquisitions of Chiat/Day Holdings and Ross Roy Communications, which were completed during the quarter. Omnicom's other agencies include BBDO Worldwide and DDB Needham Worldwide.

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