Õ¬Äи£Àû McLennan Reports Second Quarter 2024 Results
Jul 18, 2024
GAAP Revenue Increases 6%; Underlying Revenue Rises 6%
Growth in GAAP Operating Income of 13% and Adjusted Operating Income of 11%
Second Quarter GAAP EPS Rises 10% to $2.27 and Adjusted EPS Increases 10% to $2.41
Six Months GAAP EPS Rises 12% to $5.08 and Adjusted EPS Increases 12% to $5.30
Ìý
NEW YORK, JulyÌý18, 2024 – Õ¬Äи£Àû McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy and people, today reported financial results for the second quarter ended JuneÌý30, 2024.
John Doyle, President and CEO, said: "We generated strong results in the second quarter with 6% underlying revenue growth, 10% adjusted EPS growth, and 130 basis points of margin expansion."
"We continued to invest in our talent and capabilities to deliver for clients. We also deployed capital into high quality acquisitions and recently announced a 15% increase in our dividend. Our first half results leave us well positioned for another great year in 2024."Ìý
Media Contact:
Erick R. Gustafson
Õ¬Äи£Àû McLennan
+1 202 263 7788
erick.gustafson@mmc.com
Investor Contact:
Sarah DeWitt
Õ¬Äи£Àû McLennan
+1 212 345 6750
sarah.dewitt@mmc.com