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Interpublic: improvement in growth projection for 2021

The net income of the Interpublic group in the second quarter registered an organic growth of 19.8% after reaching 2,269.6 million dollars (about 1,918 million euros); in real terms, the growth was 22.5%. From a geographical point of view, organic growth has been 17.4% in the United States and 24.4% in the rest of the markets as a whole Brunei email address.
Interpublic’s companies include McCann Worldgroup, MullenLowe, IPG Mediabrands and Weber Shandwick.

“Our result for this quarter”, said the CEO of the company, Philip Krakowsky, “is remarkable because it is due to strong revenue growth in all agencies, regions and disciplines, and due to the achievement of extraordinary margins. The result also represents an appreciable rebound from the impact of the pandemic ”.

Philip Krakowsky, CEO of Interpublic, highlighted that this was the best second quarter in the company’s history
Krakowsky also noted that this has been the best second quarter in Interpublic’s history and that the data for the quarter compares favorably not only with the same period of 202o, but also with that of 2019, “which underlines the constant evolution and vitality of our offer ”.

The organic growth of the company in the second quarter (19.8%) compares very favorably with that registered in 2020 as a whole, which was 9.9%, and with that of the first quarter of this year, which remained by 1.9%.

The strength of the data has led Interpublic to improve its growth forecast for this year, although it recognizes that the pandemic continues to be a threat to health and the growth of the economy in many parts of the world socialposts. “In the confidence of continued progress in public health issues, we believe that this year we can achieve organic growth of 9% -10%,” said Krakowsky. The group’s previous projection put organic growth for 2021 at 5% -6%.

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