Core Insights - Interpublic Group has sold R/GA, a creative innovation company, to Truelink Capital, a private equity firm specializing in tech-enabled services [1] - The financial terms of the transaction were not disclosed [1] - Philippe Krakowsky, CEO of Interpublic Group, stated that this strategic move allows the company to sharpen its focus on core strategic offerings [2] Company Overview - Interpublic Group (NYSE: IPG) is a values-based, data-fueled, and creatively-driven provider of marketing solutions [2] - The company reported total revenue of $10.7 billion in 2024 [2] - IPG's global brands include well-known communications specialists such as McCann, FCB, and Weber Shandwick, among others [2]

New York, NY, Feb. 26, 2025 (GLOBE NEWSWIRE) -- Interpublic Group (NYSE:IPG) senior management will present at the 2025 Morgan Stanley Technology, Media & Telecom Conference on Tuesday, March 4th, 2025, at 2:30 pm Eastern Time/11:30 am Pacific Time, as scheduled. A link to the live webcast will be posted on the day of the conference on the Investor Relations section of Interpublic's website (http://investors.interpublic.com) where it will remain available for replay for 30 days. # # # About InterpublicInter ...

New York, NY, Feb. 26, 2025 (GLOBE NEWSWIRE) -- Interpublic Group (NYSE: IPG) senior management will present at the 2025 Morgan Stanley Technology, Media & Telecom Conference on Tuesday, March 4th, 2025, at 2:30 pm Eastern Time/11:30 am Pacific Time, as scheduled. A link to the live webcast will be posted on the day of the conference on the Investor Relations section of Interpublic's website (http://investors.interpublic.com) where it will remain available for replay for 30 days. # # # About InterpublicInte ...

Have you assessed how the international operations of Interpublic Group (IPG) performed in the quarter ended December 2024? For this marketing and advertising company, possessing an expansive global footprint, parsing the trends of international revenues could be critical to gauge its financial resilience and growth prospects.In the current era of a tightly interconnected global economy, the proficiency of a company to penetrate international markets significantly influences its financial health and traject ...

Goodwill and Impairment - The company recorded non-cash goodwill impairment charges of $232.1 million during Q3 2024 due to declines in forecasted performance and the classification of significant reporting units as held for sale [107]. - As of December 31, 2024, the company had approximately $4.7 billion in goodwill on its Consolidated Balance Sheet, indicating substantial long-lived assets and deferred tax assets [108]. - Future events, including financial performance and market valuation, could lead to impairment indicators for long-lived assets, adversely impacting reported earnings [109]. Merger with Omnicom - The merger with Omnicom will result in IPG stockholders owning approximately 39.4% of the combined company, reducing their influence over management [113]. - The merger agreement includes a termination fee of $439 million if IPG breaches certain obligations, and up to $25 million in reimbursement for expenses if the agreement is terminated due to failure to obtain stockholder approval [117]. - The company expects to incur significant non-recurring costs associated with the merger, including fees for financial, legal, and accounting advisors, which may exceed current estimates [125]. - The completion of the merger may trigger change-in-control provisions in existing agreements, potentially leading to termination or monetary damages if not negotiated [123]. - The merger may lead to disruptions in business relationships, affecting financial condition and results of operations regardless of whether the merger is completed [121]. - The merger between Omnicom and IPG may face litigation risks that could delay or prevent its completion, adversely affecting both companies' financial conditions and cash flows [127]. - The integration of Omnicom and IPG's businesses may lead to the loss of key employees and clients, potentially disrupting ongoing operations and affecting financial performance [129]. - The anticipated cost savings and operating synergies from the merger may not be fully realized, impacting adjusted earnings per share and cash returns to shareholders [132]. - The combined company's future success will depend on effectively managing its expanded operations, which will increase complexity and regulatory scrutiny [134]. - The potential loss of clients and business relationships post-merger could adversely affect the combined company's financial condition and results of operations [131]. - The integration process may incur unforeseen expenses and liabilities that could negatively impact the combined company's performance [133]. Financial Risks - The company faces exchange rate risk as a significant portion of its business is conducted in currencies other than the U.S. Dollar, which may adversely affect financial results [110]. - The company cautions that it may not meet performance targets and milestones due to inherent risks and uncertainties [111]. - Approximately 99% of the company's debt bears fixed interest rates, with a 10% change in interest rates having a non-material impact on interest expense or cash flows [341]. - As of December 31, 2024, the company had $2,187.7 million in cash, cash equivalents, and marketable securities, generating interest income of $151.7 million in 2024 [341]. - A 10% fluctuation in foreign currency exchange rates could result in an estimated 4% change in operating income, assuming constant international revenue and expenses [343]. - The company is exposed to market risks related to interest rates and foreign currency rates, utilizing derivative instruments for risk management [340].

Group 1 - Interpublic Group (IPG) will present at the Barclays Communications and Content Symposium on February 25, 2025, at 9:50 am Eastern Time [1] - A live webcast of the presentation will be available on Interpublic's Investor Relations website and will remain accessible for 30 days [1] Group 2 - Interpublic is a values-based, data-fueled, and creatively-driven provider of marketing solutions with total revenue of $10.7 billion in 2024 [2] - The company is home to several well-known global brands, including Acxiom, McCann, and Weber Shandwick [2]

Exhibit 99.1 FOR IMMEDIATE RELEASE New York, NY (February 12, 2025) IPG Announces Fourth Quarter and Full Year 2024 Results FOURTH QUARTER FULL YEAR "Given the rapid and ongoing evolution of our industry, we will be undertaking a program of accelerated business transformation this year, designed to enhance our offerings and drive significant structural expense savings. This blueprint includes improving operating efficiencies at a number of our agencies, strategic centralization of many corporate functions, ...

FOURTH QUARTER & FULL YEAR 2024 EARNINGS CONFERENCE CALL | | | | Three Months Ended December 31, | | | --- | --- | --- | --- | --- | | | | 2024 | | 2023 | | Revenue Before Billable Expenses | $ | 2,434.9 | $ | 2,586.2 | | Billable Expenses | | 422.1 | | 437.1 | | Total Revenue | | 2,857.0 | | 3,023.3 | | Salaries and Related Expenses | | 1,430.4 | | 1,536.9 | | Office and Other Direct Expenses | | 335.5 | | 352.9 | | Billable Expenses | | 422.1 | | 437.1 | | Cost of Services | | 2,188.0 | | 2,326.9 | | Sell ...

The Interpublic Group of Companies, Inc. (NYSE:IPG) Q4 2024 Earnings Conference Call February 12, 2025 8:30 AM ET Company Participants Jerry Leshne - Senior Vice President of Investor Relations Philippe Krakowsky - Chief Executive Officer Ellen Johnson - Chief Financial Officer Conference Call Participants David Karnovsky - JPMorgan Michael Nathanson - MoffettNathanson Julien Roch - Barclays Jason Bazinet - Citi Cameron McVeigh - Morgan Stanley Craig Huber - Huber Research Partners Operator Good morning, an ...

The Interpublic Group of Companies, Inc. (IPG) has reported lower-than-expected fourth-quarter 2024 results.See Zacks Earnings Calendar to stay ahead of market-making news.IPG’s adjusted earnings of $1.11 per share missed the Zacks Consensus Estimate by 3.5% and decreased 5.9% from the year-ago quarter. Revenues before billable expenses (net revenues) of $2.4 billion missed the consensus estimate by 2.9% and declined 19.5% year over year. Total revenues of $2.9 billion fell 5.3% year over year and outpaced ...