Omnicom 1st Qtr net up 27%

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Omnicom Group, New York, said first-quarter net income climbed 27% to $50.9 million from the year ago period. Worldwide revenues in the quarter increased 24%, to $861 million. Domestic revenue growth in the quarter was 24%, to $475.2 million. International revenues in the quarter climbed 23% to $385.8 million.

Copyright April 1998, Crain Communications Inc.

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