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Interpublic Group second quarter results show profit increases

22.07.2016
Interpublic Group second quarter results show profit increases

Interpublic Group (IPG) has revealed that its profit has increased on Q1 in its second quarter results.

The company reported net income up to $160.2m from the previous year’s Q2 of $123.8m, and an increase in revenue of $1.92bn in Q2, up 2.2% from 2015.

“We continued to see positive momentum from a broad range of our creative, marketing services and media offerings,” said IPG chief executive officer Michael Roth. “Our digital capabilities also continued to be significant drivers of growth for us.”

The report also showed a 3.7% organic revenue increase, credited to a 4.6% increase in the US.

Publicis Groupe also released their Q2 results this week, showing disappointing organic growth in the US.


Source:
http://mandmglobal.com/interpublic-group-second-quarter-results-show-profit-increases/