Omnicom Reports Third Quarter 2005 Results

NEW YORK, Oct. 25 /PRNewswire-FirstCall/ -- Omnicom Group Inc. (NYSE: OMC) today announced that net income for the third quarter of 2005 increased 11% to $161.7 million from $145.3 million in the third quarter of 2004. Diluted earnings per share in the third quarter of 2005 increased 14% to $0.90 per share from $0.79 per share in the third quarter of 2004.

Worldwide revenue increased 9% to $2,522.9 million from $2,319.0 million in the third quarter of 2004. Domestic revenue for the third quarter of 2005 increased 13% to $1,428.6 million from $1,261.3 million in the third quarter of 2004. International revenue increased 3% to $1,094.3 million from $1,057.7 million in the third quarter of 2004.

Net income for the nine months ended September 30, 2005 increased 11% to $538.1 million from $487.0 million in the same period in 2004. Diluted earnings per share for the nine months ended September 30, 2005 increased 13% to $2.95 per share in 2005 from $2.60 per share in the same period in 2004.

Worldwide revenue for the nine months ended September 30, 2005 increased 8% to $7,541.7 million from $6,958.1 million in the same period in 2004. Domestic revenue for the nine months ended September 30, 2005 increased 10% to $4,168.4 million from $3,781.6 million in the same period in 2004. International revenue for the nine months ended September 30, 2005 increased 6% to $3,373.3 million from $3,176.5 million in the same period in 2004.

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, 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          2005      2004

    Revenue                              $2,522.9  $2,319.0
    Operating expenses                    2,248.4   2,071.6
    Operating profit                        274.5     247.4
    Net interest expense                     16.3       8.8
    Income before income taxes              258.2     238.6
    Income taxes                             86.9      80.3
    Income after income taxes               171.3     158.3
    Equity in affiliates                      6.9       3.2
    Minority interests                      (16.5)    (16.2)
    Net income                             $161.7    $145.3

    Earnings per share
        Basic                               $0.90     $0.79
        Diluted                             $0.90     $0.79

    Weighted average shares (in millions)
        Basic                               179.3     184.1
        Diluted                             180.6     184.6

    Dividend declared per share            $0.225    $0.225



    Nine Months Ended September 30           2005      2004

    Revenue                              $7,541.7  $6,958.1
    Operating expenses                    6,628.0   6,137.6
    Operating profit                        913.7     820.5
    Net interest expense                     42.7      26.6
    Income before income taxes              871.0     793.9
    Income taxes                            297.4     266.9
    Income after income taxes               573.6     527.0
    Equity in affiliates                     17.2      10.5
    Minority interests                      (52.7)    (50.5)
    Net income                             $538.1    $487.0

    Earnings per share
        Basic                               $2.97     $2.61
        Diluted                             $2.95     $2.60

    Weighted average shares (in millions)
        Basic                               181.1     186.3
        Diluted                             182.5     187.5

    Dividend declared per share            $0.675    $0.675

SOURCE  Omnicom Group Inc
   

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