Publicis Groupe Q2 net revenue up 5%

The agency has revised its full-year guidance to around 6%

by e4m Staff
Published: Jul 19, 2024 12:59 PM | 1 min read

Publicis Groupe has announced Q2 net revenue organic growth at +5.6%, ahead of expectations. It has upgraded the full-year guidance to +5-6%.

Arthur Sadoun, Chairman and CEO of Publicis Groupe, said: “Publicis achieved a very strong first half of the year, with net revenue organic growth at +5.4% and +7.4% growth on a like-for-like revenue basis.

We continued to win market share, with Q2 net revenue organic growth accelerating to +5.6%, above expectations and 400bps ahead of our industry.”

He further said that Publicis Groupe was now expecting to deliver between +5-+6%. “We will maintain our best-in-class financial ratios while continuing to make material investments in our talent and AI strategy.”

The Groupe has seen combined Data and Media offering’s double-digit growth this quarter, for the third year in a row. “And thanks to Publicis Sapient, we are uniquely positioned to partner with our clients in their AI-led transformation.”