Marsh & McLennan Reports Fourth Quarter 2020 Results
Jan 28, 2021
Year Revenue Growth of 3%; Underlying Reven ue Growth of 1%
Year GAAP Operating Income Rises 14%; Adjusted Operating Income Increases 9%
Year GAAP EPS Increases 16% to $3.94; Adjusted EPS Increases 7% to $4.97
Fourth Quarter GAAP EPS of $0.73; Adjusted EPS of $1.19
NEW YORK, January 28, 2 021 Marsh & McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy and people, today reported financial results for the fourth quarter and year ended December 31, 2020.
Dan Glaser, President and CEO, said: “2020 was a year like no other. I am proud of how our colleagues rose to the challenge, helping clients and one another and achieving impressive financial performance. We ended the year with a strong fourth quarter with positive underlying revenue growth. In 2020, we achieved revenue growth of 3% with underlying revenue growth of 1% and grew adjusted EPS 7%.
“We demonstrated our resilience as a company in 2020 and are well positioned for growth in 2021.”