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OMNICOM HIKES Q2 PROFITS BY 19%

News, 26 July 2000


NEW York headquartered Omnicom Group yesterday reported second quarter profits up by 19% to $127.4 million.

Global commissions and fees soared by twenty percent to $1.52 billion, while domestic earnings rose to $805.4 million – an uplift of 57%.

First-half aggregated results show net income of $270.9 million on revenues up 25% to $3 billion.

News source: Advertising Age - Daily Deadline