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The Week: City News - IPG revenues rise in 2008.(Interpublic Group of Companies Inc. revenue report)(Financial report)(Brief article)

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| March 06, 2009 | COPYRIGHT 2009 Haymarket Business Publications Ltd. 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

Interpublic Group has reported a 6.2 per cent increase in its revenues during 2008.

Full-year revenue rose to dollars 6.96 billion, with income rising 71.3 per cent to dollars 344.3 million. However, the group, which owns agencies including McCann Erickson, DraftFCB and Initiative, reported a fall in revenues in the fourth quarter due to the 'negative effect of the broader economic situation'. Revenues in the quarter fell 2.2 per cent to dollars 1.9 billion. ...

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