IPG reports 7% organic growth for 2022

February 10, 2023 9:59

Interpublic Group (IPG) has reported a total revenue for 2022 of US$10.9 billion (A$15.7 billion) and organic growth of 7%.

Net income for the year was US$938 million, and adjusted EBITA before restructuring charges of US$1.57 billion.

In 2021 full year net revenue was US$9.11 billion, an increased of 12.9% compared to the same period in 2020.

Forth quarter 2022 total revenue was US$2.99 billion including billable expenses, which equated to organic growth of 3.8%.

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Olivia Kruimel

Olivia Kruimel was the managing editor at Mumbrella. She has more than 15 years of experience in journalism, communications and marketing. Her journalism career began at Fairfax Media (now part of Nine) and includes various B2B publications such as B&T, Travel Today and ALB. As a marketer Olivia has worked for Standard Chartered and various global law firms.