Tuesday, April 24, 2007

Omnicom first-quarter earnings rise 10 percent

(Reuters) - NEW YORK, April 24 - Omnicom Group Inc. , the world's largest advertising services company, said on Tuesday that quarterly profit rose more than 10 percent and beat expectations, helped by its focus on rapidly growing areas of marketing like China and the Internet.

Omnicom, home to advertising agencies such as BBDO Worldwide and DDB Worldwide, said first-quarter profit increased to $183 million, or $1.09 a share, from $165.7 million, or 93 cents a share, a year earlier.


Read more at Reuters.com Market News

No comments: