Interpublic revenues increase 6.7% in Q2; CMG up 2.3%

The holding company owns and operates Weber Shandwick and Golin, both of which sit in its Constituency Management Group unit.

Interpublic Group CEO Michael Roth
Interpublic Group CEO Michael Roth

NEW YORK: Interpublic Group’s Constituency Management Group, which contains most of its PR firms, saw a 2.3% organic revenue increase in the second quarter, compared with the prior year, to $349.4 million.

For the first six months of the year, CMG’s revenue was up 2% organically to $675.5 million from Q2 2014.

Interpublic Group agencies Weber Shandwick and Golin are both housed within CMG.

The holding company as a whole reported organic revenue growth of 6.7% in the quarter to $1.9 billion.

Operating income was up 10% to $216 million, while net income was $123.8 million in the quarter. 

On Monday, Omnicom Group said its PR firms achieved 0.3% organic revenue growth in the second quarter.

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