Interpublic Reports Healthy Quarter

  • November 2, 2007
Interpublic Thursday reported third quarter revenues of $1.56 billion, up 7.3% vs. the same quarter a year earlier. Unlike some foreign-owned agency holding companies that have reported recently, Interpublic said the effect of foreign currency exchanges was positive a 3.0%, though the impact of net divestitures was a negative 1.4%, resulting in an organic revenue growth of 5.7%. For the first nine months of 2007, revenues rose 6.0% to $4.57 billion. Organic growth was 4.8%.
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