Marsh McLennan Reports Third Quarter 2024 Results

Τρίτη, 22 Οκτωβρίου 2024 20:00
  • GAAP Revenue Increases 6%; Underlying Revenue Rises 5%
  • Growth in GAAP Operating Income of 11% and Adjusted Operating Income of 12%
  • Third Quarter GAAP EPS Rises 3% to $1.51 and Adjusted EPS Increases 4% to $1.63
  • Nine Months GAAP EPS Rises 10% to $6.59 and Adjusted EPS Increases 10% to $6.93

Marsh McLennan (NYSE: MMC), a global leader in risk, strategy and people, reported financial results for the third quarter ended September 30, 2024.

John Doyle, President and CEO, said: "This was a milestone quarter for Marsh McLennan as we delivered strong results and announced the acquisition of McGriff Insurance Services. Our performance demonstrated continued momentum, with 5% underlying revenue growth, 110 basis points of margin expansion and adjusted EPS growth of 4%, or 11% excluding a one-time tax benefit a year ago. We remain on track for another great year in 2024." 

"McGriff's excellent leadership, outstanding talent and record of strong growth complement Marsh McLennan Agency's capabilities and culture. I am excited about our future as we come together to help our clients thrive." 

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