IPG Q3 net income stands at $20 million

The agency has seen a 7.4% degrowth in net revenue in the APAC region

IPG Q3 net income stands at $20 million

IPG has posted net income of $20.1 million in Q3.

IPG Mediabrands, Acxiom and its digital specialist agencies, which includes MRM, R/GA, and Huge, have recorded 1.2% organic growth in the quarter.

IPG’s integrated advertising and creativity-led solutions unit posted organic revenue of $848.9 million in the quarter, with media, data & engagement solutions recording an organic revenue rise of 1.2% in Q3 to $1.02 billion.

The agency has seen a degrowth in net revenue of 7.4% in its APAC market.