Net Income Grows Modestly at Omnicom

Gains in Q2, first half come amid low single-digit revenue growth

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Omnicom Group achieved modest profits in the second quarter and first half of this year amid low single-digit revenue growth.

For the quarter, net income and revenue grew 2 percent to $289.5 million and $3.63 billion, respectively, Omnicom reported today.

First-half revenue also climbed 2 percent, to $7.03 billion. But net income for the same period inched up just 1.5 percent, to $494.7 million, according to Omnicom.

On an organic basis, revenue rose nearly 3 percent for both the quarter and first six months of the year, compared to the like periods last year.



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