Grey Global Group's Q4 Revenue Up 10.5 Percent

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Grey Global Group, buoyed by a growth in North American operations and the impact of a weaker dollar on international revenue, posted a 10.5 percent increase in fourth-quarter revenue to $333.6 million, from the same period last year.

The company last week reported net income of $9.5 million, or $6.27 per diluted share, in the fourth quarter, compared to a loss of $28.6 million, or $21.88 per share, for the same period in 2001. For 2002, Grey reported net income of $18.3

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