Omnicom Reports Solid Q4 Growth

Strong top-line growth pushed Omnicom’s fourth-quarter profit up 10 percent to $221.3 million, with diluted earnings per share increasing 8 percent to $1.17, the company reported last week. Worldwide revenue jumped 18.3 percent to $2.5 billion, with domestic revenue up 15 percent to $1.3 billion. For the year ended Dec. 31, New York-based Omnicom posted a 5 percent increase in profits to $675.9 million. Global revenue rose 14.4 percent to $8.6 billion.