Interpublic Group (IPG) reported $2.5B in total Q2 revenue, with a 3.5% global organic net revenue decline—driven by drops of 2.6% in the U.S. and 5.4% internationally. Despite revenue pressures, adjusted EBITA stood at $393.7M (18.1% margin), with adjusted EPS at $0.75. Net income reached $162.5M. The company also repurchased 4M shares worth $98.3M.
Restructuring and deal-related charges totaled $128.9M as IPG prepares for its merger with Omnicom, expected to close in H2 2025. Regional performance varied: Asia Pacific fell 13.6%, the UK 9.7%, while Latin America grew 1.4%.
CEO Philippe Krakowsky cited strong performance in media, healthcare, sports marketing, and PR, and reaffirmed the company’s full-year outlook, highlighting continued transformation and AI-driven investments.