Marsh & McLennan Companies Reports Third Quarter 2014 Results
Oct 28, 2014
Strong Revenue Growth
11% Growth in Adjusted Operating Income
GAAP EPS Increases 20%; Adjusted EPS Rises 22% to $.56
NEW YORK--(BUSINESS WIRE)--Oct. 28, 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 third quarter ended September 30, 2014.
Marsh & McLennan Companies President and CEO Dan Glaser said: "The Company delivered its thirteenth consecutive quarter of double-digit growth in adjusted earnings per share. This strong performance reflects revenue growth of 7% and underlying revenue growth of 5%, with all operating companies contributing. Adjusted operating income grew 11%, and the adjusted margin expanded 50 basis points.
For the nine months of 2014, results were excellent: revenue growth of 6% and underlying revenue growth of 5%; an 11% increase in adjusted operating income; margin improvement of 80 basis points; and 13% growth in adjusted EPS."