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
Home improvement company Lowe's and pet retailer Petco Health and Wellness Co. are set to launch a pilot store-in-store program whereby a total home solution will be offered to customers by bringing home improvement as well as pet care products, services and expertise together under the same roof. Chevron Corporation (CVX) reported fourth quarter profit of $5.1 billion or $2.63 per share, compared to a loss of $665 million or $0.33 per share, previous year. The company's U.S. upstream operations earned $2.97 billion, compared to $101 million, a year ago. The company said the improvement was primarily... While reporting financial results for the fourth quarter on Friday, Colgate-Palmolive Co. (CL) initiated its earnings and sales growth guidance for the full-year 2022. For fiscal 2022, the company now expects earnings per share to grow in double-digit percentage and adjusted earnings per share growth...
Follow RTT