Omnicom's Fourth Quarter Profit Rises 9 Percent

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NEW YORK Omnicom Group reported a higher quarterly profit today, with higher revenues bolstered by the end of goodwill amortization.

Compared to Omnicom Group’s previously reported results for 2001, net income for the fourth quarter of 2002 increased 23 percent from $164.1 million in the fourth quarter of 2001 and diluted earnings per share increased 24 percent from $0.87

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