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Reports Q4 revenue $6.1B , consensus $.5.96B…Consulting revenue was $2.4 B in the fourth quarter of 2024, an increase of 6% on both a GAAP and underlying basis. Operating income was $466 M Adjusted operating income increased 1% to $484M. For the year 2024, revenue was $9.1B , an increase of 5% compared with 2023, or 6% on an underlying basis. Operating income was $1.8B. Adjusted operating income increased 6% to $1.8 B. John Doyle, President and CEO, said: “Our fourth quarter results capped a terrific year for Marsh McLennan (MMC). We delivered on our strategic objectives, generated excellent financial performance, and had the largest year of acquisitions in our history. For the full year, we generated 7% underlying revenue growth, 10% adjusted EPS growth and 80 basis points of adjusted margin expansion, marking our 17th consecutive year of reported margin expansion.” “We are well positioned for another strong year in 2025, reflecting our unique capabilities and the enduring value we bring to clients.”
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