logo
  

Publicis Group Organic Up Over 11% For Q3

French advertising company Publicis Groupe (PGPEF.PK,PUBGY.PK) on Thursday reported 11.2 percent organic growth for the third quarter, with double-digit growth in all the regions.

In the third quarter, the Group said, organic growth was 10.9 percent for the U.S., 10 percent for Europe and 12.5 percent for Asia. In the U.S., Epsilon delivered 13 percent growth and Publicis Sapient was at 20 percent.

On a two-year basis, Group organic growth was 5 percent. On the same basis, Asia was at 2 percent growth, Europe returned to pre-pandemic levels and the U.S accelerated to 8 percent growth.

Looking ahead to the full year, the Group said it now expects organic growth of 8.5 - 9 percent versus prior guidance of 7 percent. Also, the Group now expects operating margin upwards, to slightly above 17 percent.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Ontario, Canada-based Erie Meat Products Ltd. is recalling approximately 1,224 pounds of fully cooked chicken bologna products, according to the U.S. Department of Agriculture's Food Safety and Inspection Service or FSIS. The chicken bologna products were imported and distributed into the United States without the benefit of FSIS import reinspection. The U. S. Food and Drug Administration or FDA has issued a public health alert against Fulvic Care Powder and Tablets from Ontario, Canada -based Black Oxygen Organics due to elevated levels of lead and arsenic. The agency advised consumers not to use Fulvic Care Powder and Tablets from Black Oxygen or give the products to pets due to elevated levels of lead and arsenic. Alexander & Hornung, a business unit of Perdue Premium Meat Co., Inc., is recalling around 234,391 pounds of fully cooked pork products citing possible contamination with Listeria monocytogenes, the U.S. Department of Agriculture's Food Safety and Inspection Service or FSIS announced. The recall involves ham and pepperoni products that come under various brands and produced on various dates.
RELATED NEWS
Follow RTT