IPG revenue growth up 15.7% in Q3, APAC up 17.4%

October 25, 2021 9:28

Interpublic Group (IPG) has posted a Q3 2021 revenue growth of 15.7%, to US$2.26 billion. The Asia Pacific region also posted a strong increase, up 17.4% to US$166 million.

Net income as was US$239.9 million, adjusted EBITA before restructuring costs was US$369.5 million, a 16.3% margin on net revenue.

The group upgraded its expectation for the FY 2021 financial performance to organic growth of approximately 11% and adjusted EBITA margin of approximately 16.8%, based on continued progress on public health and sustained macro recovery.

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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.