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interpublic group 2003ar
The document provides a letter from the Chairman of Interpublic Group to shareholders summarizing the company's performance in 2003 and outlining plans for the future. The key points are: 1) 2003 was a year of transition as Interpublic stabilized the company and began a turnaround, though financial results were disappointing due to restructuring charges. 2) Significant progress was made strengthening the balance sheet and improving financial accountability. 3) Restructuring efforts improved margins and the company is on track to achieve margin targets. 4) Initiatives to boost organic growth and recruit top talent showed early success and will be important drivers of future performance. 5) Interpublic is well positioned to capital
