Publicis Groupe: First Quarter 2024 Revenue
PUBLICIS GROUP SA S/ADR (PUBGY)
NASDAQ:AMEX Investor Relations:
publicisgroupe.com/en/investors/investors-analysts/overview
Company Research
Source: Business Wire
Very strong start to the yearSustaining momentumGaining market share PARIS--(BUSINESS WIRE)--Regulatory News:Publicis Groupe (Paris:PUB):Sustained momentum: Q1 2024 organic growth at +5.3%, above expectationsSolid performance across all regions:Continued strong growth in the U.S. at +5% driven by data and mediaEurope at +6% on top of a strong comparable in Q1 2023China accelerating at +7%8th consecutive quarter delivering highest growth in the sector1, leading to market share gainsConfirming 2024 guidance, continuing to grow twice as fast as the industry average1Q1 2024 Revenue €3,711mNet revenue €3,230mOrganic growth +5.3%Reported growth +4.9% _______________________________1 Based on consensus.Arthur Sadoun, Chairman and CEO of Publicis Groupe:“Publicis had a very strong start to 2024, sustaining growth momentum despite ongoing macroeconomic tensions.We accelerated on our organic growth this quarter, delivering +5.3%, ahead of expectations.There were three clear drivers of th
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