Omnicom Raises The Roof

Here’s some good news for Omnicom Group – the worldwide agency reported a whopping 13% jump in second-quarter profit earning $276.7 million, up from $244.1 millionin the second quarter of 2006. Worldwide revenue hit $$3.13 billion and in the U.S. evenue for the first quarter rose 8.1% to $1.7 billion. Sweet. Get the nitty-gritty details here. Here’s the pull quote: “Our business continues to be strong,” said John Wren (pictured above), Omnicom’s chief executive. And “our net new business should start to contribute some additional revenues to the back half of this quarter and the fourth quarter.”