Report
Neil Macker
EUR 98.48 For Business Accounts Only

Interpublic is well-positioned to benefit as advertising and marketing become more complex.

Interpublic posted strong fourth-quarter results, with revenue ahead of expectations and operating income in line with projections. Organic growth of 5.3% was at the top end of the management’s revised guidance range. 2016 marks the third straight year with organic growth of 5% or above for the company. We believe that the 2017 guidance of 3% to 4% is conservative, with management attempting to underpromise and overdeliver. We are maintaining our narrow economic moat rating and fair value estima...
Underlying
Interpublic Group of Companies Inc.

Interpublic Group of Companies is an advertising and marketing services company. The company's segment include: Integrated Agency Networks (IAN) and Constituency Management Group (CMG). Within IAN, the company's agencies provide an array of communications and marketing services, each providing a range of solutions for its clients. In addition, the company's domestic integrated agencies provide a range of advertising, marketing communications services and/or marketing services and partner with its operating divisions as needed. CMG provides clients with services, including public relations, meeting and event production, sports and entertainment marketing, corporate and brand identity, and marketing consulting.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Neil Macker

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