Interpublic Group of Cos. (IPG) Tops Q4 EPS by 1c, Revenues Beat
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IPG Announces Full Year and Fourth Quarter 2019 Results
February 12, 2020 7:00 AM ESTNew York, Feb. 12, 2020 (GLOBE NEWSWIRE) --
Q4 2019 net revenue was $2.43 billion, with organic net revenue growth of 2.9%, comprised of 2.1% in the U.S. and 4.1% in international marketsFY19 net revenue grew 7.4%, with organic net revenue growth of 3.3%FY19 net income was $656.0 million compared to $618.9 million in 2018, and adjusted EBITA was $1.20 billion compared with $1.08 billion in 2018Adjusted EBITA margin expanded to 14.0% for FY19, an increase of 50 basis points from comparable FY18FY19 diluted EPS was $1.68 and was $1.93 as adjustedBoard approves 9% increase in quarterly dividend... More