Omnicom Reports First Quarter 2010 Results

NEW YORK, April 20, 2010 /PRNewswire via COMTEX/ --Omnicom Group Inc. (NYSE: OMC) today announced that its net income for the first quarter of 2010 decreased 0.7% to $163.4 million from $164.5 million in the first quarter of 2009. Omnicom's diluted net income per common share in the first quarter of 2010 decreased 1.9% to $0.52 per share from $0.53 per share in the first quarter of 2009.

Worldwide revenue for the first quarter of 2010 increased 6.3% to $2,920.0 million from $2,746.6 million in the first quarter of 2009. Domestic revenue for the first quarter of 2010 increased 3.9% to $1,592.8 million compared to $1,532.3 million in the first quarter of 2009. International revenue for the first quarter of 2010 increased 9.3% to $1,327.2 million compared to $1,214.3 million in the first quarter of 2009.

Omnicom Group Inc. (NYSE: OMC) (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 first quarter earnings conference call, go to www.omnicomgroup.com/InvestorRelations.

    Omnicom Group Inc.
    (Unaudited)
    (In Millions of Dollars, Except Per Share Data)


    Three Months Ended March 31,                        2010     2009
    ----------------------------                        ----     ----

    Revenue                                         $2,920.0 $2,746.6

    Operating expenses                               2,629.0  2,464.2
                                                        ----     ----

    Operating income                                   291.0    282.4

    Net interest expense                                24.1     21.4


    Income before income taxes                         266.9    261.0

    Income tax expense                                  90.7     88.7

    Income from equity method investments                4.7      5.9


    Net Income                                         180.9    178.2

    Less: Net income attributed to
     noncontrolling interests                           17.5     13.7
                                                        ----     ----

    Net income  -  Omnicom Group Inc.                 $163.4   $164.5
                                                      ======   ======


    Net income per common share  - Omnicom
     Group Inc.
        Basic                                          $0.53    $0.53
        Diluted                                        $0.52    $0.53


    Weighted average shares (in millions)
        Basic                                          306.4    307.5
        Diluted                                        311.0    307.6

    Dividend declared per common share                 $0.20    $0.15



SOURCE Omnicom Group Inc.

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