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Omnicom Group, boosted by stronger-than-expected organic growth, today reported a net income gain of nearly 13 percent in the last quarter of 2012.
The company ended the quarter with $307.1 million in net income. Revenue for the period grew more than 2 percent to $3.94 billion.
On a per share basis, net income grew nearly 18 percent to $1.13 a share, compared to the same quarter in 2011.
Speaking to industry analysts, Omnicom CEO John Wren said that while the holding company sees signs of macroeconomic stability and “even” evidence of improvement, Omnicom expects only “modest global growth” in 2013.
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