Unexpectedly, Publicis reported Q3 15 organic revenue growth of only +0.7% (9 months 15: +1%), an all the more disappointing performance in that the basis of comparison was rather easy (Q3 14 had been only +1%) and that, as recently as end-July, the group was highly confident in producing a "very very strong Q3", thanks to a solid pipeline and strong spending plans from clients... Q3 revenues amounted to €2,325m, up €577m from a year earlier, positively impacted by forex (+€182
22 Oct 2015
Worrying poor Q3 organic trends...
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Worrying poor Q3 organic trends...
Publicis Groupe SA (PUB:WBO) | 0 0 0.4% | Mkt Cap: 14,432m
- Published:
22 Oct 2015 -
Author:
Véronique Cabioc'h -
Pages:
3 -
Unexpectedly, Publicis reported Q3 15 organic revenue growth of only +0.7% (9 months 15: +1%), an all the more disappointing performance in that the basis of comparison was rather easy (Q3 14 had been only +1%) and that, as recently as end-July, the group was highly confident in producing a "very very strong Q3", thanks to a solid pipeline and strong spending plans from clients... Q3 revenues amounted to €2,325m, up €577m from a year earlier, positively impacted by forex (+€182