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NEW YORK Publicis Groupe, boosted by strong new business growth and the completion of Bcom3’s integration into the holding company, reported a 2 percent rise in 2003 net income to $194 million, compared to 2002. Diluted earnings per share, before goodwill amortization, dipped about 10 percent to $1.71.
Revenue rose 32 percent to $5.3 billion. Paris-based Publicis said billings rose 30 percent to $45.3 billion, with a gain of net new business of $4 billion.
Operating income rose nearly 30 percent, totaling $688 million.
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