NEW YORK: Omnicom Group Inc. reported growth in its 2007 earnings. Despite gloomy economic forecasts, the holding company's net income increased by nearly 13% compared to 2006.
For the company's PR holdings, which include Fleishman-Hillard, Ketchum, and Porter Novelli, revenues increased 11.1% over the year, to $1.3 billion. The company saw a 9.6% increase in the fourth quarter of 2007 alone, compared to the Q4 PR earnings of 2006. Organic revenue, a figure that excludes recent acquisitions and foreign currency adjustments, ...