Thu, Jul 18, 8:19 PM (51 days ago)
Marsh & McLennan Companies, Inc. reported a 6% increase in Q2 2024 revenue to $6.2 billion, driven by strong performance in Risk and Insurance Services (up 8%) and Consulting (up 2%). Operating income rose 13% to $1.6 billion, with net income attributable to the company increasing 9% to $1.125 billion. Earnings per share (diluted) grew to $2.27, up from $2.07 in Q2 2023. For the first half of 2024, revenue increased 8% to $12.7 billion, with operating income up 12% to $3.6 billion. The company repaid $1.6 billion in senior notes and issued $1 billion in new senior notes. Share repurchases totaled $600 million. Future growth may be impacted by geopolitical and economic uncertainties.