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Interpublic executives sounded an optimistic note in releasing first-quarter results today, noting recent new business wins at its largest operating unit McCann Worldgroup and saying the company is on the way to meeting full-year revenue growth targets of 2-3 percent.
“It’s a solid beginning to 2013,” chief executive Michael Roth told financial analysts. “At this point this year versus last year, we’re in a much better position.”
Michael Roth
But there was little doubt that head winds from 2012 account losses at two of its largest agency networks, McCann Erickson and Draftfcb, continued to cycle through results.
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