Omnicom sees 29.5% rise in net income for quarter

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Omnicom Group posted a 29.5% increase in net income in the second quarter, to $86 million from $66.4 million during the same quarter in 1997. Revenues rose 33.5% to $1.05 billion. Net income rose 28.5% for the first half, to $136.9 million, with revenue up 29% to $1.91 billion.

Copyright August 1998, Crain Communications Inc.

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