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Omnicom Reports 5.1 Percent Increase in PR Revenue for Q3

Omnicom Group (NYSE:OMC) announced its third quarter results today, reporting a 5.1 percent increase in PR revenue for the quarter, a total of nearly $280 million. Year-to-date, the company’s PR arm has generated $846.7 million in revenue, a 6.1 percent increase.

Omnicom firms include Ketchum, Fleishman-Hillard, and Porter Novelli.

Omnicom revenue for the quarter totaled nearly $3 billion for all areas, a year-over-year increase of 5.5 percent. U.S. revenue for the third quarter increase 8.4 percent to nearly $1.62 billion from about $1.49 billion in 2009. The company also experienced growth in operating income for the quarter (6.5 percent to $314.1 million) and net income for Q3 (5.4 percent to $174.6 million)

The organization announced an acquisition in the third quarter: Omincom Media Group Middle East and North Africa. The company had been operating as an affiliate of the BBDO and TBWA networks since 2002.

The press release announcing the results is available here and the investor presentation is here.

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