IPG reports fourth-quarter growth during a flat 2023

Interpublic Group (IPG) ended the 2023 calendar year strongly, reporting fourth-quarter growth, despite a slight fall in its full-year performance.

For the December quarter, IPG saw total revenue, including billable expenses, of US$3.02 billion (A$4.65b), with net revenue at $2.59 billion ( A$4b), up 1.7% on the same quarter in 2022.

For the full year, total revenue sat at $10.89 billion (A$16.78b), with net revenue at $9.4 billion (A$14.48b), a slight drop of 0.1%.