CEO Philippe Krakowsky said, “Looking forward, we are seeing a strong new business pipeline, for both Q4 activity and longer-term AOR opportunities, and we remain focused on achieving organic growth of approximately 1% this year. At that level, we continue to target adjusted EBITA margin of 16.6%. Our long-standing commitment to capital returns remains an important priority and our strong balance sheet provides a solid foundation from which to continue to evolve our offerings and the solutions we provide for marketers.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on IPG:
- Interpublic Group reports Q3 adjusted EPS 70c, consensus 70c
- IPG Earnings this Week: How Will it Perform?
- Interpublic Group Enhances Executive Compensation Package
- Interpublic Group price target lowered to $32.50 from $34 at Barclays
- Unilever names WPP’s Mindshare to handle accounts in key markets, E4M reports
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
