IPG reports 22.5% increase in Q2 revenue as Australia leads APAC growth

Zanda Wilson

July 22, 2021 9:44

The Interpublic Group of Companies (IPG) has announced its financial results for both the second quarter and first half of 2021, reporting strong growth across both segments as IPG continues its recovery after a COVID-impacted 2020.

Revenue for the second quarter of 2021 was US$22.27 billion, an increase of 22.5%. During that time, organic net revenue increased 19.8%.

Adjusted EBITA before restructuring charges rose to US$405.8 million in the second quarter, compared to a figure of US$174.9 million for the same period in 2020. Adjusted EBITA before restructuring charges margin on net revenue increased to 17.9%, compared to 9.4% in 2020.

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Zanda Wilson

Zanda Wilson was a reporter and podcast producer at Mumbrella, specialising in radio reporting. He left Mumbrella in September 2021.