Omnicom earnings announcement for Q1 2012 showed an overall 6.5 percent revenue growth for the company’s PR business during the quarter, totaling $306.9 million. Organic growth was 4.4 percent for the quarter. PR accounts for 9.3 percent of Omnicom’s total revenue. Omnicom’s PR firms include Ketchum, Fleishman-Hillard, and Porter Novelli.
Global revenue for the company was up five percent for the quarter to $3.3 billion. Domestic revenue was up four percent to $1.7 billion; international revenue was up 5.9 percent to $1.6 billion. And net income was up 1.3 percent for the quarter to $204.6 million.
The earnings results were above expectations, but CEO John Wren said he was “cautiously optimistic” with Europe most at risk of any region around the world. Japan is headed in a positive direction after the earthquake and tsunami last year, reaching positive organic growth for the first time since 2010.
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