Publicis Groupe: 1st Quarter 2020 Revenue
PUBLICIS GROUP SA S/ADR (PUBGY)
NASDAQ:AMEX Investor Relations:
publicisgroupe.com/en/investors/investors-analysts/overview
Company Research
Source: GlobeNewswire
First Quarter 2020 Revenue - Solid numbers in challenging environment Strong actions to face current global crisis April 13, 2020 Q1 reported net revenue up 17.1%, with the contribution of EpsilonOrganic growth at -2.9%, in line with expectations established prior to the pandemicNorth America coming back to growth; China and Europe already impacted by Covid-19 Exceptional measures to face the coming recession and preserve solid balance sheet €500M cost reduction plan to adapt to new context and be recovery-ready Proposed dividend to be reduced by 50% to €1.15 per share and to be paid in September 30% reduction in fixed compensation for both Supervisory Board Chairman & Groupe CEO, 20% for the Management Board members Taking into account the magnitude, the complexity and the probable length of the crisis, no guidance given Q1 2020 § 2020 Net revenue €2,481m§ 2019 Net revenue €2,118 m§ Reported growth+17.1%§ Growth at constant rate+15.4%§ Or
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