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The Week: City News - Omnicom sees profits fall.(revenue report)(Financial report)(Brief article)

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| May 01, 2009 | COPYRIGHT 2009 Haymarket Business Publications Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Omnicom Group's net income fell by 21 per cent in the first quarter of 2009, while profit dropped to dollars 164 million, compared with dollars 209 million for the first quarter of 2008.

Worldwide revenue was also down, falling 14 per cent to dollars 2.7 billion from dollars 3.2 billion for the same period last year. The company's advertising businesses ...

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