Bcom3 Reports Revenue, Income Growth for 2001

CHICAGO — Bcom3 Group posted net income of $26 million for 2001, compared with a net loss of almost $66 million for 2000, the company said on Tuesday.
The 2001 income includes $20 million in pre-tax and restructuring charges. The previous year?s loss included a nearly $72 million charge related to the merger of the Leo Group and the MacManus Group.

Worldwide revenue for 2001 was $1.9 billion, up 4.6 percent from 2000?s $1.8 billion, according to the filing. Domestic revenue increased 6.5 percent to $1 billion from $954 million in the previous year.

For the fourth quarter ending Dec. 31, 2001, worldwide revenue was $534 million, down 2.8 percent from the same period a year earlier. Domestic revenue for the quarter increased 0.6 percent to nearly $270 million from $268 million, while international revenue declined 6 percent to $264 million from $281 million for the previous year.