Grey said that of the $29.9m (拢18.7m) increase, $23.6m could be attributed to the weakening of the dollar against the euro and the pound. On a constant currency basis, non-North American operations were down by 1% and up by 4.9% in North America.
Pre-tax income was up by 163.4% for the quarter to $12.1m, and increased by 54.9% for the half year to $23.2m.
Grey is one of the more publicity-shy companies listed on the Nasdaq, with chairman and chief executive Ed Meyer seldom making a statement regarding Grey's earnings.
This quarter was no exception, although in a release the company said: "The challenges faced by the marketing communications businesses since 2001 are continuing. While there have been signs of stabilisation and buoyancy, they are frequently offset by neutralising caution attributable to economic weakness and uncertainty in many parts of the world."
As well as its advertising and media interests, Grey owns the public relations network GCI and the lobbying company APCO Worldwide.
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