omnicom group Q4 2008 Results Released

Omnicom Group Inc. reported financial results for the fourth quarter and full year of 2008. For the fourth quarter, net income decreased 13.7% to $271.0 million and diluted EPS decreased 8.3% to $0.88 per share compared to the same period in 2007. Worldwide revenue for the quarter decreased 7.0% to $3.37 billion. For the full year, net income increased 2.5% to $1 billion and diluted EPS increased 7.5% to $3.17 per share, while worldwide revenue increased 5.2% to $13.36 billion.