Global advertising and marketing monolith Omnicom Group posted a 12.9% rise in fourth-quarter profits, with net income breaching $300m.

Net income was up to $307.1 million from $271.9 million in 2011, whilst total revenue increased 2.4% to $3.94 billion. Domestic revenues, accounting for almost half of Omnicom's total, rose 5.1% to $2.03 billion, with international revenue falling 0.3%.


Despite the surprisingly positive results, Omnicom President and CEO John Wren and his staff remain concerned by struggles in the Eurozone, despite strong showings in developing markets such as China and Brazil.

"Our large European markets like Russia continued to perform largely well while the UK, France and Germany remained weak and in aggregate the euro zone markets were down 3.7 percent," Chief Financial Officer Randall Weisenburger told Reuters.

Wren agreed: "While the macroeconomic environment appears to be stabilising and even improving in some areas, issues in several markets remain unresolved. As a result, we have planned for another year of modest global growth but remain nimble enough to take advantage of opportunities as they arise."

Omnicom shares finished at $55.36 on Monday.