Omnicom Beats The Street
Omnicom Group Inc., the world’s largest advertising services company, Tuesday reported a better-than-expected rise in quarterly income, helped by new accounts and healthy spending by existing clients.
Omnicom Group Inc. (NYSE: OMC) today announced that net income for the second quarter of 2006 increased 8% to $244.1 million from $225.8 million in the second quarter of 2005.
Diluted earnings per share in the second quarter of 2006 increased 15% to $1.42 per share from $1.24 per share in the second quarter of 2005.
By discipline, traditional advertising revenue grew 5.7 percent, public relations revenue increased 8.9 percent and specialty marketing rose 10.8 percent. (Morningstar)
I’m sure my bonus is in the mail– or at least my dividends.
[This post was recreated after a server crash; hyperlinks have been lost, sorry. –M.]
Email Article Tuesday, July 25th, 2006 at 11:11am Mack Simpson
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