Plus   Neg

Publicis Groupe 2017 Headline Group Net Income Up 2.2%; Organic Revenue Up 0.8%

Publicis Groupe SA (PGPEF.PK,PUBGY.PK) reported 2017 net income attributable to equity holders of the parent company of 862 million euros compared to a loss of 527 million euros, prior year. Profit per share was 3.74 euros compared to a loss of 2.36 euros. In the prior year period, the company recorded impairment charges of 1.44 billion euros. Headline Group net income stood at 1.04 billion euros, a 2.2% increase. Headline earnings per share was 4.50 euros compared to 4.46 euros.

Publicis Groupe's consolidated revenue in 2017 was 9.69 billion euros, down 0.4% compared with 9.73 billion euros at year-end 2016. Growth at constant exchange rates was 1.3%. Organic growth was 0.8% for the full year of 2017.

Fourth-quarter consolidated revenue was 2.58 billion euros, down 3.1% from 2.66 billion euros, prior year. Growth at constant exchange rates was 2.7%. Organic growth was 2.2%.

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Billionaire entrepreneur Elon Musk on Thursday showed off his concept for the Loop, a high-speed underground public transportation system that will carry up to 16 people and travel at 150 miles per hour. At the Boring Company Information Session, Musk and project leader Steve Davis provided details of the underground mass transit tunnels that the Boring Co. plans to build beneath Los Angeles. Raden has become the second smart luggage company to shut down this month after major U.S. airlines banned smart luggage with non-removable batteries earlier this year. In a statement on its website, Raden said that it is no longer in operation and that all existing shipments have been processed for delivery. The company is shuttering after three years of operation. Shares of AstraZeneca were losing around 2 percent in the London trading after the British drug major reported Friday lower profit in its first quarter amid weak margin, despite growth in product sales. Further, the company reiterated its outlook for fiscal 2018. The level of Externalisation Revenue, divestment timing and investment in launches impacted the overall results.
Follow RTT