Publicis: confirms its profit targets for 2019
(CercleFinance.com) - Net revenue is 4,352 million euros for the first half of the year compared to 4,280 million euros in 2018, up 1.
7%.
Organic growth stands at -0.8% and -.07% excluding PHS.
Operating margin reached 612 million euros compared to 617 million euros as at 30 June 2018. The operating margin rate was 14.1% compared to 14.4%.
Operating income rose to 489 million euros for the first 6 months of 2019 compared to 458 million euros in 2018. Net income, Group share comes to a profit of 345 million euros compared to 301 million euros.
“For 2019, we will post a sequential improvement in H2 versus H1 in organic growth. We confirm we will deliver a 30 to 50 basis points increase in our operating margin for the full year” indicates the group.
“We confirm our objective to grow headline EPS by 5% to 10% in 2019 (excluding BEAT tax and transaction costs, at constant exchange rates)”.
“We will grow our operating margin rate and we can also confirm an increase in headline diluted EPS by 5% to 10% [in 2020] (excluding BEAT tax, at constant exchange rates)” adds the management.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
7%.
Organic growth stands at -0.8% and -.07% excluding PHS.
Operating margin reached 612 million euros compared to 617 million euros as at 30 June 2018. The operating margin rate was 14.1% compared to 14.4%.
Operating income rose to 489 million euros for the first 6 months of 2019 compared to 458 million euros in 2018. Net income, Group share comes to a profit of 345 million euros compared to 301 million euros.
“For 2019, we will post a sequential improvement in H2 versus H1 in organic growth. We confirm we will deliver a 30 to 50 basis points increase in our operating margin for the full year” indicates the group.
“We confirm our objective to grow headline EPS by 5% to 10% in 2019 (excluding BEAT tax and transaction costs, at constant exchange rates)”.
“We will grow our operating margin rate and we can also confirm an increase in headline diluted EPS by 5% to 10% [in 2020] (excluding BEAT tax, at constant exchange rates)” adds the management.
Copyright (c) 2019 CercleFinance.com. All rights reserved.