OMNICOM Group Inc, the No. 1 US advertising company, reported lower-than-expected quarterly revenue due to a strong dollar, following prominent political events such as Brexit and the US presidential election.
Revenue, for the company which is one of the “big four” ad agencies, rose 2.1% to US$4.24bil, but missed analysts’ average estimate of US$4.26bil, according to Thomson Reuters I/B/E/S.
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