Omnicom Posts 10% 1Q Revenue Gain

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NEW YORK Buoyed by a strong domestic performance, Omnicom Group today said its first-quarter global net income rose 10 percent to nearly $166 million on a 7 percent revenue gain to $2.56 billion, compared to the same period a year ago.

Domestic revenue for the quarter improved 9 percent to more than $1.4 billion, while international revenue rose 4 percent to $1.13 billion, compared to the first three months of 2005.

“We’re very pleased with the company’s performance in the first quarter,” said Omnicom CEO John Wren today during a call with analysts.



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