Interpublic Group Hosts Investor Day
NEW YORK, Mar 29, 2011 (BUSINESS WIRE) --
Interpublic Group (NYSE: IPG) held an Investor Day in New York today. During the event, corporate and agency management presented a comprehensive overview of strategy, operations and finance at the holding company and its major global operating units. The day included presentations, video case studies and individual Q&As with management teams of Mediabrands, Draftfcb, Lowe + Partners, Constituency Management Group (CMG) and McCann Worldgroup, as well as senior IPG corporate leadership. Many other agencies were represented during the day in videos and creative work that ranged from mobile ads to experiential marketing. The day was streamed live on the company's website at investors.interpublic.com where the presentations will be available for review for the next 30 days.
Attended by nearly 200 investors, analysts, financial professionals, and trade press, the presentations highlighted how IPG will continue to drive shareholder value based on several key pillars: best-in-class digital capabilities, strength in emerging markets, differentiated creative offerings, accountable and integrated marketing solutions, and strong operating disciplines. Michael Roth, Chairman and CEO of Interpublic, presented a strategic overview of the industry and the company. Chief Financial Officer Frank Mergenthaler provided a detailed financial perspective and outlook for IPG, and announced that the company is targeting 2014 to reach its operating margin objective of 13%.
"Five years ago at our last investor day, we focused on the re-launch of the Interpublic brand to the Wall Street community," commented Michael I. Roth. "Today was a celebration of our talent and the significant accomplishments in our turnaround. We also offered a deep look at our company moving forward - the core strength of our offering, including our market-leading global networks, our presence in fast-growth emerging markets, and how we've embedded digital tools throughout our organization. What we saw today was a company that is transformed and competitively positioned to further expand our margins and enhance shareholder value."
Interpublic is one of the world's leading organizations of advertising agencies and marketing services companies. Major global brands include Draftfcb, FutureBrand, GolinHarris International, Initiative, Jack Morton Worldwide, Lowe Worldwide, Magna, McCann Erickson, Momentum, MRM Worldwide, Octagon, R/GA, UM and Weber Shandwick. Leading domestic brands include Campbell Ewald; Campbell Mithun; Carmichael Lynch; Deutsch, a Lowe & Partners Company; Hill Holliday; ID Media; Mullen and The Martin Agency. For more information, please visit www.interpublic.com.
SOURCE: Interpublic Group
Tom Cunningham, 212-704-1326
Jerry Leshne, 212-704-1439