The Interpublic Group of Companies Inc (NYSE:IPG)

$ 31.37 0.58 (1.88%) Market Cap: 11.84 Bil Enterprise Value: 14.53 Bil PE Ratio: 11.16 PB Ratio: 3.10 GF Score: 87/100

Interpublic Group of Companies Inc at Goldman Sachs Communacopia Conference Transcript

Sep 17, 2019 / 01:40PM GMT

Release Date Price: $21.28 (-0.61%)

Transcript

Unidentified Analyst

People want to grab their seat. We'll get started. Thank you very much. I'm pleased to welcome to the stage Michael Roth, who's the Chairman and CEO of Interpublic, one of the world's largest advertising and marketing services company. It's the parent company of global ad agencies, including McCann, FCB, Weber Shandwick and MullenLowe, just to name a few. So thanks for being here.

Michael Isor Roth

The Interpublic Group of Companies, Inc. - Chairman & CEO

It's good to be here. Thank you.

Questions & Answers

Unidentified Analyst

Yes. You're an early mover to the open architecture model for agencies, and it seems to be a driver of your outperformance over the past couple of years. Your organic growth outperformed the industry for the past 5 years, and it looks like 2019 will make it 6. Naturally, your peers have taken notice of this, and each are at some stage of mimicking this strategy. I was wondering if you could comment on how easy is it to implement this pivot on this strategy and how you're

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