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IPG(IPG) - 2025 Q2 - Earnings Call Presentation

Financial Performance - Q2 2025 - Total revenue, including billable expenses, reached $2.5 billion[7] - Net revenue experienced an organic decrease of 3.5%[7] - The adjusted EBITA stood at $393.7 million before restructuring charges and deal costs, reflecting an 18.1% margin on revenue before billable expenses[7] - Reported diluted EPS was $0.44, while adjusted diluted EPS reached $0.75[7] - The company repurchased 4.0 million shares, returning $98.3 million to shareholders[7] Revenue Breakdown - Revenue before billable expenses decreased from $2,327.1 million in 2024 to $2,172.7 million in 2025[8] - US organic revenue change was -2.6%, and total International organic change was -5.4%[7] - Organic revenue decline was -3.1% for Media, Data & Engagement Solutions, -6.3% for Integrated Advertising & Creativity Led Solutions, and increased 2.3% for Specialized Communications & Experiential Solutions[11] Expenses and Restructuring - The company incurred pre-tax restructuring charges of $118.0 million[4] - Selling, General and Administrative Expenses increased to $46.4 million, including deal costs of $10.9 million related to the Omnicom acquisition[8] - Restructuring charges for the three months ended June 30, 2025, amounted to $118.0 million, aimed at driving significant structural expense savings[9] Regional Performance - Organic revenue change by region: United States -2.6%, United Kingdom -9.7%, Continental Europe -1.6%, Latin America +1.4%, Asia Pacific -13.6%[15] Liquidity and Debt - Total debt stood at $3.0 billion[29] - Cash and cash equivalents amounted to $1,564.4 million as of June 30, 2025[27]