Marsh & McLennan Companies Reports Second Quarter 2014 Results
Jul 23, 2014
GAAP EPS Increases to $.77 from $.69; Adjusted EPS Rises 10% to $.79
NEW YORK--(BUSINESS WIRE)--Jul. 29, 2014-- Marsh & McLennan Companies, Inc. (NYSE:MMC), a global professional services firm offering clients advice and solutions in risk, strategy, and human capital, today reported financial results for the second quarter ended June 30, 2014.
President and CEO Dan Glaser said: "The Company delivered another quarter of excellent financial results. We produced revenue growth of 7% with underlying revenue growth of 5%. This was our strongest quarterly revenue performance in two years, with all operating companies contributing. Adjusted operating income grew 11%, with margin expansion of 60 basis points to 19.8%. For the six months of 2014, we achieved outstanding results, with 4% underlying revenue growth, an 11% increase in adjusted operating income and margin improvement of 100 basis points to 20.4%."