The Interpublic Group of Companies Inc (NYSE:IPG)
$ 30.72 -0.03 (-0.1%) Market Cap: 11.59 Bil Enterprise Value: 14.29 Bil PE Ratio: 10.93 PB Ratio: 3.03 GF Score: 87/100

Interpublic Group of Companies Inc at Deutsche Bank Media, Internet & Telecom Conference Transcript

Mar 09, 2020 / 02:20PM GMT
Release Date Price: $18.23 (-9.03%)
Laurence Davison
Deutsche Bank AG, Research Division - Research Analyst

Good morning, everyone, and thanks for dialing in. My name is Laurie Davison, and I cover the advertising agency holding companies here at Deutsche Bank. Very pleased to have Michael Roth, CEO of Interpublic, here for this session to address some of the issues for the group and the broader advertising market.

Questions & Answers

Laurence Davison
Deutsche Bank AG, Research Division - Research Analyst

So Michael, let's start off. When you reported on the 12th of February, your results were strong, but we are only to realize as the other agencies reported later just how much Interpublic had outperformed this year. Can you help us understand what drove your 3.3% organic growth over 2019 and why this was above the other agency groups? Is it business mix, different geographical exposure? Or do you have just less integration issues?

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

Well, I think we're just

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