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IPG posts strong Q2 figures.(Interpublic Group of Companies Inc.)(Financial report)(Brief article)

PR Week (US)

| August 13, 2007 | COPYRIGHT 2007 Haymarket Media, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

NEW YORK: Interpublic Group (IPG) posted impressive results in the second quarter with quarterly revenue of dollars 1.65 billion, a 7.8% increase from Q2 2006.

Total first-half revenue was dollars 3.01 billion, up 5.3% from dollars 2.86 billion in the same period last year.

For Constituency Management Group (CMG), the IPG division that houses its large PR agencies, revenue rose almost 15% in Q2, to dollars 273.3 million. For the first half, CMG revenue was up almost 10% from the previous year, to dollars 501.2 million.

Profits at the holding company also showed strong growth. Net income rose more than 50% compared to the second quarter of …

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