In Q1 19, Publicis was affected by the continuing attrition of revenue in traditional advertising in North America and the negative impact of contract losses announced in Q3 18 and effectively starting 2019 as expected, none of which were offset by the ramp-up of contract wins in 2018. Jointly to its revenue release, Publicis announced the agreement to acquire Epsilon in the US for $4.4bn (see the related Latest).
15 Apr 2019
Low start to 2019 as expected
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Low start to 2019 as expected
Publicis Groupe SA (PUB:WBO) | 0 0 0.4% | Mkt Cap: 14,432m
- Published:
15 Apr 2019 -
Author:
Hélène Coumes -
Pages:
3
In Q1 19, Publicis was affected by the continuing attrition of revenue in traditional advertising in North America and the negative impact of contract losses announced in Q3 18 and effectively starting 2019 as expected, none of which were offset by the ramp-up of contract wins in 2018. Jointly to its revenue release, Publicis announced the agreement to acquire Epsilon in the US for $4.4bn (see the related Latest).