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Omnicom

Omnicom Earnings Report: Year Over Outlook is Down

By Matt Van Hoven on October 21, 2009 10:45 AM

omnicompie.jpg

A year ago, Omnicom was doing much better in terms of both income and revenue. Advertising companies owned by Omnicom saw revenue declines totaling 11.6%.

Net income for the holding company dropped 22.5% from $213.6 million in Q3 2008 to $165.6. Year to date, advertising has declined 13.5% accounting for about $3.7b in revenue.

Omnicom agencies include:

&#151 Arnell
&#151 BBDO
&#151 DDB
&#151 Element 79
&#151 Goodby, Silverstein & Partners
&#151 GSD&M Idea City
&#151 Martin/Williams
&#151 Merkley + Partners
&#151 Roberts & Tarlow
&#151 TBWA
&#151 Zimmerman Advertising

Click here for the full report.

More: “Omnicom Forms Digital Unit, Organic Founder to Lead”

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