Interpublic Q3: Revenue Down 18%, Profit Down 47%

Interpublic Group (IPG) today reported the worst Q3 numbers of all the holding companies. Profit fell 47% and revenue fell 18% to $1.43 billion. Revenue during the same period in 2008 was $1.74 billion. “Client sentiment has stabilized, but remains cautious, which makes it difficult to predict what growth will look like in 2010,” said Michael I. Roth, Interpublic’s Chairman and CEO in a statement.

Interpublic PR holdings include Golin Harris, MWW Group and Weber Shandwick.

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