Interpublic today reported revenues of $1.92 billion for the second quarter of the year, a 9.4 percent increase from the first quarter’s $1.74 billion and year-over-year growth of 2.2 percent from the $1.88 billion posted during 2015's second quarter.

IPG

These numbers once again account for strong organic revenue gains within the ad/PR combine, which increased 3.7 percent overall from the year prior. Organic growth was especially strong in the U.S., where organic gains were gauged at 4.6 percent, compared to 2.3 percent internationally. The figures reveal a continuing trend for the holding company, as they follow a similarly strong revenue performance during the first quarter of the year, where IPG posted organic revenue gains of 6.7 percent overall compared to the year prior and also followed a 5.2 percent organic revenue uptick during 2015’s fourth quarter.

Operating income was $224.8 million in the second quarter, up from $20.9 million in Q1 and $215 million during the same period last year. Net income was $156.9 million compared to $121.2 million during 2015’s second quarter, a difference of 22.8 percent.

For the first half of 2016, Interpublic revenues were $3.66 billion, accounting for a three-percent increase and 5.1 percent organic surge from 2015’s first-half figures of $3.55 billion. Again, much of these gains can be attributed to activity in the U.S., where organic revenues rose 6.4 percent, compared to 3.2 percent globally. Operating income was $245.7 million for the first half of 2016, compared to $223.6 million during the same period in 2015.

In an earnings statement, IPG Chairman and CEO Michael Roth said IPG was “pleased to report another quarter of solid revenue and profit increases that position us to achieve our financial objectives,” and said the holding company remains on target to deliver “at the high end” of its previous organic growth target of three to four percent for the year.

Interpublic’s Constituency Management Group, the marketing and communications unit that includes PR agencies such as Weber Shandwick, Golin, DeVries, Current, Axis and Creation, continued to perform well in the market, posting $369.4 million in revenues in Q2, which accounted for 4.4 percent growth and 2.8 percent organic growth from the second quarter of 2015’s $354 million, even though it was a slight dip from the boisterous 3.2 percent organic gains reported in Q1. CMG revenues for the first half of the year were $709.8 million, a 3.6 percent uptick that accounted for 3.0 percent organic growth from the first half of 2015’s $684.9 million.

Weber Shandwick CEO Andy Polansky said his agency registered high-single digit organic growth in both the second quarter and first half of 2016, on top of double-digit organic growth that occurred in both 2015’s second quarter and first half.

“The health of our business is strong across geographies and practices areas, led by our Healthcare and Consumer practices. Digital, content and social continue to fuel growth, with digital accounting for 30 percent of our revenue,” Polansky said.

Polansky also noted that Weber Shandwick in the second quarter achieved double-digit growth in 17 markets around the world.