Omnicom Group, Inc. reported that second-quarter profit receive a boost by a weak dollar and revenues from recent acquisitions.
Worldwide revenue for the second quarter rose 12.2% to $2.2 billion from $1.9 billion one year ago. Domestic revenue increased 5.8% to $1.18 billion. International revenue jumped 21% to $967.2 million. The quarter ended June 30.
Income increased 2% to $190.7 million from $187.3 million.
Last month Omnicom acquired Pierce Promotions & Event Management, Portland, ME.
In a separate development, Omnicom Group has formed Omnicom Europe Limited, a London based operation to implement programs proven successful for Omnicom in the United States. The programs include business development, logistics support, property management and procurement.
Omnicom Group, Inc. reported that second-quarter profit receive a boost by a weak dollar and revenues from recent acquisitions. Worldwide revenue for the second quarter rose 12.2% to $2.2 billion from $1.9 billion one year ago. Domestic revenue increased 5.8% to $1.18 billion. International revenue jumped 21% to $967.2 million. The quarter ended June 30.
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