Omnicom: Maneuvers or Genuine Growth?

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Omnicom Group’s continuing revenue growth in the first quarter of 2003 must irk WPP Group boss Sir Martin Sorrell. While revenue was up 12 percent at Omnicom, at WPP it was down by 3.9 percent. Admittedly, WPP suffered more than Omnicom from currency movements—on a constant currency basis, WPP’s revenue was up 1.4

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