Omnicom Reports Third Quarter 2007 Results

NEW YORK, Oct. 23 /PRNewswire-FirstCall/ -- Omnicom Group Inc. (NYSE: OMC) today announced that net income for the third quarter of 2007 increased 14.2% to $202.2 million from $177.1 million in the third quarter of 2006. Diluted earnings per share in the third quarter of 2007 increased 19.2% to $0.62 per share from $0.52 per share in the third quarter of 2006.

Worldwide revenue increased 11.8% to $3,101.4 million from $2,774.3 million in the third quarter of 2006. Domestic revenue for the third quarter of 2007 increased 7.4% to $1,654.9 million compared to $1,540.5 million in the third quarter of 2006. International revenue increased 17.2% to $1,446.5 million compared to $1,233.8 million in the third quarter of 2006.

Net income for the nine months ended September 30, 2007 increased 12.8% to $661.9 million from $586.8 million in the same period in 2006. Diluted earnings per share for the nine months ended September 30, 2007 increased 18.3% to $2.00 per share in 2007 from $1.69 per share in the same period in 2006.

Worldwide revenue for the nine months ended September 30, 2007 increased 11.1% to $9,068.1 million from $8,160.7 million in the same period in 2006. Domestic revenue for the nine months ended September 30, 2007 increased 7.8% to $4,858.4 million from $4,508.9 million in the same period in 2006. International revenue for the nine months ended September 30, 2007 increased 15.3% to $4,209.7 million from $3,651.8 million in the same period in 2006.

Omnicom Group Inc. (NYSE: OMC) (http://www.omnicomgroup.com) is a leading global marketing and corporate communications company. Omnicom's branded networks and numerous specialty firms provide advertising, strategic media planning and buying, digital and interactive marketing, direct and promotional marketing, public relations and other specialty communications services to over 5,000 clients in more than 100 countries.

For a live webcast and/or a replay of our third quarter earnings conference call, go to http://www.omnicomgroup.com/InvestorRelations.

    Omnicom Group Inc.

    (Unaudited)
    (In Millions of Dollars, Except Per Share Data)


    Three Months Ended September 30,                  2007        2006

    Revenue                                        $3,101.4    $2,774.3

    Operating expenses                              2,751.2     2,466.9

    Operating profit                                  350.2       307.4

    Net interest expense                               19.3        26.7

    Income before income taxes                        330.9       280.7

    Income taxes                                      112.1        92.9

    Income after income taxes                         218.8       187.8

    Equity in earnings of affiliates                    8.0         6.3
    Minority interests                                (24.6)      (17.0)

    Net income                                       $202.2      $177.1


    Net income per common share (1)
      Basic                                           $0.62       $0.52
      Diluted                                         $0.62       $0.52


    Weighted average shares (1) (in millions)
      Basic                                           324.0       338.8
      Diluted                                         328.2       341.9

    Dividend declared per share (1)                  $0.150      $0.125


    (1)  In connection with our two-for-one stock split distributed on June
         25, 2007, which was effected in the form of a 100% stock dividend,
         all current and prior period per share amounts and weighted average
         share amounts have been adjusted in accordance with SFAS No. 128,
         "Earnings per Share."



    Omnicom Group Inc.

    (Unaudited)
    (In Millions of Dollars, Except Per Share Data)


    Nine Months Ended September 30,                   2007        2006

    Revenue                                        $9,068.1    $8,160.7

    Operating expenses                              7,940.8     7,151.4

    Operating profit                                1,127.3     1,009.3

    Net interest expense                               59.8        67.4

    Income before income taxes                      1,067.5       941.9

    Income taxes                                      361.4       315.5

    Income after income taxes                         706.1       626.4

    Equity in earnings of affiliates                   25.8        17.5
    Minority interests                                (70.0)      (57.1)

    Net income                                       $661.9      $586.8


    Net income per common share (1)
      Basic                                           $2.02       $1.70
      Diluted                                         $2.00       $1.69


    Weighted average shares (1) (in millions)
      Basic                                           327.0       344.4
      Diluted                                         331.8       347.5

    Dividend declared per share (1)                  $0.425      $0.375


    (1)  In connection with our two-for-one stock split distributed on June
         25, 2007, which was effected in the form of a 100% stock dividend,
         all current and prior period per share amounts and weighted average
         share amounts have been adjusted in accordance with SFAS No. 128,
         "Earnings per Share."

SOURCE Omnicom Group Inc.
CONTACT: Randall Weisenburger of Omnicom Group Inc., +1-212-415-3393/
/Web site: http://www.omnicomgroup.com
http://www.omnicomgroup.com/InvestorRelations /
(OMC)

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