IPG Suffers an '03 Loss of $452 Mil.

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NEW YORK Interpublic Group today reported a loss of $102.5 million in the fourth quarter as the holding company continued its restructuring efforts. Revenue in the period rose 5.7 percent to $1.6 billion. On a constant currency basis, revenue increased less than 1 percent.

For the full year, IPG posted a loss of $451.7 million on a 2.2 percent gain in revenue of $5.9 billion. On a constant currency basis, revenue dropped 2.4 percent.

In the fourth quarter, IPG recorded charges, associated with its restructuring activities, of $40.6



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