Omnicom notches up UK organic growth of 9%

Omnicom has reported UK revenue of $280m (£171.5m) in its first-quarter results, which reveal the group's net income increased 24% year on year to $201.9m.

John Wren: president and chief executive of Omnicom
John Wren: president and chief executive of Omnicom

The group behind creative agencies DDB and BBDO, and media networks OMD and PHD, grew worldwide revenues by 7.9% to $3.15bn.

Overall organic growth was 5.2%, which was outstripped by the UK's 9.1% rise.

One of Omnicom's big UK wins during the year was the £70m creative account for Virgin Media, which went to DDB and Rapp in May.

In 2010, Omnicom increased net income by 4.4% to $827.7m and revenue by 9% to $12.5bn.

Omnicom is the first of the holding companies to report its first-quarter results, with Publicis Groupe expected to reveal its numbers on Thursday.

Have your say...

Before commenting please read our rules for commenting on articles.

If you see a comment you find offensive, you can flag it as inappropriate. In the top right-hand corner of an individual comment, you will see 'flag as inappropriate'. Clicking this prompts us to review the comment. For further information see our rules for commenting on articles.

comments powered by Disqus
Media Week Jobs
Search for more media jobs

Latest

AOL UK launches campaign to consolidate offering

AOL UK launches campaign to consolidate offering

AOL UK has launched a digital and outdoor campaign today, in a bid to bring together its various offerings.

Share
Omnicom finance chief Weisenburger steps down after 16 years

Omnicom finance chief Weisenburger steps down after 16 years

Omnicom Group's executive vice-president and chief financial officer, Randall Weisenburger, has stepped down after 16 years to return to private equity.

Share
Instagram partners with Omnicom to launch ad service in the UK

Instagram partners with Omnicom to launch ad service in the UK

Instagram, the photo-sharing app acquired by Facebook in 2012, has launched its much-anticipated advertising service in the UK today through an initial partnership with Omnicom Media Group.

Share

Get news by email