Spark Foundry reposted this
Publicis Groupe announces Q2 net revenue organic growth at +5.6%, ahead of expectations, and upgrades full year guidance to +5-6%. Arthur Sadoun, Chairman and CEO of Publicis Groupe: “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. For the first 6 months of the year, we kept delivering industry leading financial KPIs. Despite a backdrop of ongoing macro-economic pressures, not only did our H1 performance demonstrate that our model is strong. It also showed that our outperformance versus our peers is sustainable, with our growth rate close to doubling that of our competitors since 2019. As a result, we are confident in our ability to accelerate further in H2. We are raising our net revenue organic growth guidance and now expect 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. As we further extract ourselves from the pack, we have everything we need to continue to lead and reinvent our industry thanks to our transformation. We have a winning go to market, which has put us at the head of the new business rankings for the past five years. We have taken the leadership of personalization at scale, demonstrated by our 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. I would like to take this opportunity to thank all of our clients for their trust. I would also like to thank our people around the world for their outstanding work. Sustaining these levels of outperformance in such a difficult environment is an everyday battle and with the Executive Committee we are truly grateful for all of their efforts.” https://lnkd.in/ekNcS4fX
Kevin Mercado
2mo
Standing on business 👣 always doing your big one 🥇
Vinoth Kumar
1mo
Impressive results, Publicis Groupe! It's clear your focus on talent, AI, and a winning go-to-market strategy is driving incredible growth. Congratulations on a strong first half and best wishes for continued success!
Prashant Kashyap
1mo
Congratulations on the impressive first-half! This achievement is a testament to the hard work, dedication, and strategic vision of the entire team. I'm excited to see the continued growth of the company and looking forward to contributing to that success while growing alongside it!
Thierry Kerdilès
2mo
Il y a tellement de passion, de talent et d’intelligence dans tout ça ! C’est enthousiasmant ! 1000 bravos !
Heba Hammad
2mo
Well deserved success 🎉❤️
Kevin Mercado
2mo
Go Publicis 👏🏼👏🏼🦁
Dung Nguyen Anh
1mo
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Senior Manager, Speaker, Blue Torch in Exec Master in Digital Transfromation, MBA, CIA, certification in Project Management & Black Belt
2moPublicis is one of the best examples in a successful digital transformation of a business model. Publicis is best-in-class in the advertising sector with a growth picking up in a uncertain environment