After Organic Revenue Drop in Q4, IPG Expects Growth in 2021

The holding company said the continued effects of the pandemic contributed to its dip

IPG reported earnings for Q1, its first since Philippe Krakowsky became CEO of IPG at the start of 2021.
IPG reported earnings for Q1, its first since Philippe Krakowsky became CEO of IPG at the start of 2021. IPG

IPG saw its organic net revenue drop in the fourth quarter of 2020, which the holding company said reflects the continued effect of Covid-19 on its various businesses. Even so, its CEO Philippe Krakowsky, who took on the top job at the start of this year, said IPG expects to return to positive organic growth over the course of 2021.

@Minda_Smiley minda.smiley@adweek.com Minda Smiley is deputy Agencies editor at Adweek.