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Publicis: Q1 revenues down 1.8% in organic terms

(CercleFinance.com) - Publicis has reported Q1 2018 net revenues of 2118 million euros, up 1.
7% as reported, although down 1.8% organically (-1.6% excluding PHS) with attrition related to a handful of clients operating in mass market consumption.

The Group continues its transformation thanks to the Power of One, the deployment of its team of Global Client Leaders and the gradual implementation of its country model, said Arthur Sadoun, Chairman of the media group's Management Board.

Publicis confirms that in 2019 organic growth exceeds its level in 2018, with a 30 to 50 basis point increase in its operating margin and a growth of its diluted underlying EPS of between 5% and 10% at constant exchange rates and excluding the "BEAT tax".



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