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Omnicom revenue falls about 1 percent due to strong dollar
October 20, 2015 / 10:59 AM / 2 years ago

Omnicom revenue falls about 1 percent due to strong dollar

(Reuters) - Omnicom Group Inc, the No.1 U.S. advertising company, reported a 1.1 percent fall in quarterly revenue, hurt by a strong dollar.

Net income attributable to the company fell to $239.3 million, in the third quarter ended Sept. 30 from $243.8 million, a year earlier.

On a per-share basis, net income rose to 97 cents from 95 cents as the number of outstanding shares declined.

Revenue fell to $3.71 billion from $3.75 billion.

Reporting by Kshitiz Goliya in Bengaluru; Editing by Kirti Pandey

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