Omnicom reports 23.6% revenue growth in First Quarter 2011

New York :Omnicom Group Inc. has announced that its net income for the first quarter of 2011 increased 23.6% to $201.9 million from $163.4 million in the first quarter of 2010. Omnicom’s diluted net income per common share in the first quarter of 2011 increased 32.7% to $0.69 per share from $0.52 per share in the first quarter of 2010.

Worldwide revenue for the first quarter of 2011 increased 7.9% to $3,151.3 million from $2,920.0 million in the first quarter of 2010. Domestic revenue for the first quarter of 2011 increased 3.8% to $1,652.5 million compared to $1,592.8 million in the first quarter of 2010. International revenue for the first quarter of 2011 increased 12.9% to $1,498.8 million compared to $1,327.2 million in the first quarter of 2010.

Omnicom Group Inc. (NYSE: OMC) is a leading global marketing and corporate communications company. Omnicom’s branded networks and numerous specialty firms provide advertising, strategic media planning and buying, digital and interactive marketing, direct and promotional marketing, public relations and other specialty communications services to over 5,000 clients in more than 100 countries.

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