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omnicom group annual reports 2003
Omnicom reported its annual financial results for 2003. Key points include: - Revenue increased 14% to $8.6 billion, with 10% growth domestically and 20% internationally. - Net income grew 5% to $675.9 million and diluted earnings per share rose 4% to $3.59. - Operating margins declined slightly to 13.5% due to changes in business mix and increased severance costs. - The company won over $4 billion in new business and increased its dividend. - Revenues from the top 250 clients grew over 15%, outpacing total revenue growth.
