Publicis: 2019 net attributable income of E841m, up 9.3%
(CercleFinance.com) - Publicis' 2019 net revenue came in at 9,800 million euros, up 9.
3% from 8,969 million euros in 2018. Growth at constant exchange rates was 5.9%, while income was down 2.3% in organic terms.
Q4 2019 net revenue was 2,871 million euros, up 15.2% from 2,492 million euros in Q4 2018.
Operating profit amounted to 1,267 million euros in 2019, compared to 1,303 million euros in 2018. Meanwhile, net profit, group share reached 841 million euros at end-December 2019, compared to 919 million euros at 31 December 2018.
"The Groupe is confirming the outlook communicated in October 2019, with organic growth between -2% and +1%. The Groupe also confirms its ambition of an operating margin rate at around 17%, supported by the simplification of its structures and its new sources of revenue." management said.
Copyright (c) 2020 CercleFinance.com. All rights reserved.
3% from 8,969 million euros in 2018. Growth at constant exchange rates was 5.9%, while income was down 2.3% in organic terms.
Q4 2019 net revenue was 2,871 million euros, up 15.2% from 2,492 million euros in Q4 2018.
Operating profit amounted to 1,267 million euros in 2019, compared to 1,303 million euros in 2018. Meanwhile, net profit, group share reached 841 million euros at end-December 2019, compared to 919 million euros at 31 December 2018.
"The Groupe is confirming the outlook communicated in October 2019, with organic growth between -2% and +1%. The Groupe also confirms its ambition of an operating margin rate at around 17%, supported by the simplification of its structures and its new sources of revenue." management said.
Copyright (c) 2020 CercleFinance.com. All rights reserved.