IPG reports 2020 financial results, down 4.8%

February 11, 2021 10:34

Interpublic Group (IPG) has released its financial results for FY2020 and final quarter 2020.

In the fourth quarter, net revenue was negative 6.1%, coming in at US$2.28 billion while organic change was negative 5.4%.

Full year 2020 net revenue was US$8.06 billion, compared to US$8.63 billion in 2019, representing an organic net revenue decrease was 4.8%. Full year 2020 total revenue, which includes billable expenses, was US$9.06 billion, compared to US$10.22 billion in 2019.

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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.

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IPG reports 2020 financial results, down 4.8%

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