Omnicom reports double-digit growth

Advertising market The advertising holding company Omnicom made significant gains in the 2004 financial year. Sales rose by 13 percent to 9.747 billion dollars, with the US home market lagging behind the euro zone (+15%) with an increase of 11 percent. Just over half of the increase in turnover was achieved through organic growth, around one seventh through acquisitions and the remainder through currency effects. The holding company's net profit grew by 15 percent to 723.5 million dollars.