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Omnicom reports gains

Published on .

Omnicom Group, New York, reported third-quarter net income of $32.2 million, up 36% from a year ago. Revenue increased 18% to $631.8 million; domestic revenue jumped 25% to $341.6 million. Net income for the first nine months of 1996 increased 26% to $116.1 million; worldwide revenues rose 18% to $1.89 billion. Omnicom agencies include BBDO Worldwide, DDB Needham Worldwide and TBWA International.

Copyright October 1996, Crain Communications Inc.

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