Business Summary
Grey Global Group, Inc., formerly known as Grey
Advertising, Inc., is engaged in the planning, creation,
supervision and placing of advertising. The Company's
principal business activity consists of providing a full
range of advertising and communications services to
clients on an international or local basis. The Company
serves a diversified client roster in the apparel,
automobile, beverage, chemical, communications,
community service, computer, corporate, electrical
appliance, entertainment, food product, home furnishing,
houseware, healthcare, office product, packaged goods,
publishing, restaurant, retailing, toy and other sectors.
More from Market Guide: Expanded Business Description
Financial Summary
GREY is an international advertising agency which
provides a full range of advertising services to its clients.
For the nine months ended 9/30/00, commissions and
fees increased 19% to $896.9 million. Net income
applicable to Common totalled $15.9 million, vs. a loss of
$1.3 million. Revenues reflect the impact of new client
assignments, and continued growth of the Company's
media and marketing communications operations.
Earnings also reflect higher operating margins.
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