Interpublic-bound network True North Communications has posted an 8% year-on-year rise in revenues for the first quarter, from $331.1 million in Q1 2000 to $356.1m.

Over the same period, net income jumped from $7m to $10m. True North also revealed new billings in the first quarter worth $118m over the course of the year.

News source: Advertising Age - Daily Deadline