Marsh McLennan reveals “excellent” Q2 outcomes

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The group’s consolidated revenue was $ 5.0 billion for the second quarter of 2021, up 20% compared to this

with Q2 2020. On an adjusted basis, sales increased 13%. Meanwhile, operating profit was $ 1.2 billion, up 39% year over year. Adjusted operating income increased 24% to $ 1.2 billion.

Net income attributable to the company was $ 820 million, or $ 1.60 per diluted share, compared to $ 1.12 in the second quarter of 2020, while adjusted earnings per share increased 33% to $ 1.75 per share diluted stock was up from $ 1.32 for the same period last year.

For the six months ended June 30, 2021, consolidated revenue was $ 10.1 billion, up 14% or 9% on an underlying basis year over year. Operating income increased 32% to $ 2.6 billion from the same period last year. Adjusted operating income increased 22% to $ 2.6 billion. Net income attributable to the company was $ 1.8 billion.

Risk and insurance services

In the second quarter of 2021, MMC’s risk and insurance revenue increased 21% (or 13% on an underlying business) from Q2 2020 to $ 3.1 billion, while operating income increased 37% to $ 950 million and Adjusted Operating Income rose to $ 927 million, up from $ 22. corresponds to% from the same period of the previous year.

Revenue for the first half of 2021 was $ 6.4 billion, an increase of 15% or on a 10% basis, while operating income increased 30% to $ 2.0 billion and adjusted operating income Was $ 2.0 billion, up 19% from the first half of 2020.

Marsh revenues were $ 2.7 billion for the second quarter, an increase of 14% on a base value basis. In the US / Canada, underlying sales increased 15% while international business resulted in underlying sales growth of 13%, reflecting 16% growth in EMEA, 10% growth in Asia Pacific and 2% in Latin America .

Guy Carpenter’s revenue increased 12% on an adjusted basis to $ 488 million in the second quarter of 2021, and revenue in the first half of 2021 increased 8% year over year.

consultation

The group announced that its consulting revenue was $ 1.9 billion for the second quarter of 2021, up 17% or 12% on an underlying basis over the same period last year. Operating income increased 35% to $ 344 million, while adjusted operating income increased 34% to $ 356 million.

Revenue for the first six months of 2021 was $ 3.8 billion, up 11% and 8% on an underlying basis. Operating profit increased 31% to $ 705 million and adjusted operating profit increased 31% to $ 726 million.

Mercer had sales of $ 1.3 billion in the second quarter of 2021, an increase of 6% on a base value basis. For the first half of 2021, which ended June 30, 2021, Mercer’s revenue was $ 2.6 billion, an increase of 3% over the same period last year.

Oliver Wyman’s revenue was $ 618 million for the second quarter of 2021, an increase of 28% on a base value basis. For the first six months ended June 30, 2021, Oliver Wyman’s revenue was $ 1.2 billion, an increase of 19% on a base value basis.

Glaser added to his comments above, “These results directly reflect the hard work and dedication of our colleagues around the world. We look forward to carrying this momentum into the second half of the year. “