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(July 11, 2001) -- Bcom3 Group posted a 17.4% increase in revenue in the first quarter to $447.2 million from $380.8 million in the same period in 2000, according to a report filed today with the Securities and Exchange Commission.

The company also posted net income of $2.6 million for the quarter, compared to a $64.8 million loss in 2000 due to a $71.9 million charge related to the merger of Leo Group and the MacManus Group.

The holding company began filing regular reports with the SEC this year, after it met the agency's requirement of 500 or more shareholders. -- Mercedes Cardona

Copyright July 2001, Crain Communications Inc.

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