Omnicom Reports Fourth Quarter 2007 Results

NEW YORK, Feb. 12 /PRNewswire-FirstCall/ -- Omnicom Group Inc. (NYSE: OMC) today announced that net income for the fourth quarter of 2007 increased 13.2% to $313.9 million from $277.2 million in the fourth quarter of 2006. Diluted earnings per share in the fourth quarter of 2007 increased 18.5% to $0.96 per share from $0.81 per share in the fourth quarter of 2006.

Worldwide revenue increased 12.7% to $3,626.0 million from $3,216.2 million in the fourth quarter of 2006. Domestic revenue for the fourth quarter of 2007 increased 9.5% to $1,845.9 million compared to $1,685.1 million in the fourth quarter of 2006. International revenue increased 16.3% to $1,780.1 million compared to $1,531.1 million in the fourth quarter of 2006.

Net income for the twelve months ended December 31, 2007 increased 12.9% to $975.7 million from $864.0 million in the same period in 2006. Diluted earnings per share for the twelve months ended December 31, 2007 increased 18.0% to $2.95 per share in 2007 from $2.50 per share in the same period in 2006.

Worldwide revenue for the twelve months ended December 31, 2007 increased 11.6% to $12,694.0 million from $11,376.9 million in the same period in 2006. Domestic revenue for the twelve months ended December 31, 2007 increased 8.2% to $6,704.2 million from $6,194.0 million in the same period in 2006. International revenue for the twelve months ended December 31, 2007 increased 15.6% to $5,989.8 million from $5,182.9 million in the same period in 2006.

Omnicom Group Inc.

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 fourth 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 December 31,                     2007           2006

    Revenue                                         $3,626.0       $3,216.2

    Operating expenses                               3,094.1        2,742.0

    Operating profit                                   531.9          474.2

    Net interest expense                                14.3           24.1

    Income before income taxes                         517.6          450.1

    Income taxes                                       175.5          151.4

    Income after income taxes                          342.1          298.7

    Equity in earnings of affiliates                    12.7           12.0
    Minority interests                                 (40.9)         (33.5)

    Net income                                        $313.9         $277.2

    Net income per common share (1)
      Basic                                            $0.97          $0.82
      Diluted                                          $0.96          $0.81

    Weighted average shares (1) (in millions)
      Basic                                            323.2          338.1
      Diluted                                          327.0          342.7

    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)

    Twelve Months Ended December 31,                    2007           2006

    Revenue                                        $12,694.0      $11,376.9

    Operating expenses                              11,034.9        9,893.4

    Operating profit                                 1,659.1        1,483.5

    Net interest expense                                74.0           91.6

    Income before income taxes                       1,585.1        1,391.9

    Income taxes                                       536.9          466.9

    Income after income taxes                        1,048.2          925.0

    Equity in earnings of affiliates                    38.4           29.6
    Minority interests                                (110.9)         (90.6)

    Net income                                        $975.7         $864.0

    Net income per common share (1)
      Basic                                            $2.99          $2.52
      Diluted                                          $2.95          $2.50

    Weighted average shares (1) (in millions)
      Basic                                            326.0          342.9
      Diluted                                          330.4          346.1

    Dividend declared per share (1)                   $0.575         $0.500


    (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.
    -0-                             02/12/2008
    /CONTACT:  Randall Weisenburger, +1-212-415-3393/
    /Web site:  http://www.omnicomgroup.com/
    (OMC)

CO:  Omnicom Group Inc.
ST:  New York
IN:  ADV
SU:  ERN CCA

MT
-- NYTU013 --
3019 02/12/2008 07:00 EST http://www.prnewswire.com

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