MARSH & MCLENNAN posts USD 3 billion 2Q2012 revenue

13 August 2012 — Vlad BOLDIJAR
marsh_mclennan_nouMARSH & MCLENNAN Companies reported USD 329 million net profit for 2Q2012, a 17% increase from USD 282 million reported a year earlier. For the six months ended June 30, 2012, income from continuing operations was USD 693 million, compared with USD 605 million in 2011.

Brian DUPERREAULT, President and CEO, said: "Our outstanding second quarter results successfully built on our strong first quarter. We produced revenue growth in each of our operating companies as well as excellent growth in operating income in both Risk and Insurance Services and Consulting, with meaningful margin improvement".

At the same time, consolidated revenue in the second quarter of 2012 was USD 3 billion, an increase of 3% from the second quarter of 2011.

Risk and Insurance Services segment revenue in 2Q2012 was USD 1.7 billion (increase of 5%), while the operating income increased 12% to USD 401 million.

Consulting segment revenue in the second quarter of 2012 was USD 1.3 billion (+2%). On this segment, the operating income increased 13% to USD 172 million, compared with USD 152 million in the prior year period.

See the detailed press release on the 1H2012 results here.

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