A Confident IPG Dismisses Competitors in First Quarter Earnings Call

'Our economics are sound,' said chairman Michael Roth

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Michael Roth has been watching his competitors’ headlining moves in recent months, and he is less than impressed.

IPG’s chairman and CEO took on an almost jovial tone in this morning’s Q1 earnings call, when his company reported 6.4% organic net revenue growth (excluding the results from Acxiom, the database marketing company it bought last July).

“Our economics are sound, especially in the U.S.,” he said, with 5.7% organic growth in that region. Investors responded in turn, boosting IPG’s stock price more than 5% in afternoon trading.

“These continue to be outstanding results, especially when compared to our peers.”
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