Report
Jerôme Bodin

ODDO : Q2 2023 set to show further growth but no acceleration

>Q2 still favourable but we prefer WPP stock market-wise - We provide an update on our expectations for Publicis and WPP for H1 2023. We expect the market to be decent in Q2 with the two groups showing organic growth of 4.7% and 3.3%, respectively. It seems likely that Publicis will continue to outperform its rival. While the market is still pretty resilient, we see no acceleration and even a slight dip instead. The US and Chinese markets in particular look a bit more...
Underlyings
Publicis Groupe SA

Publicis is holding company. Through its subsidiaries, Co. is engaged in marketing, communication and digital transformation. Co. designs a customized package of services to meet each client's particular needs through a holistic and global approach. In addition, Co. provides financial markets with information concerning the relative size of each of the different business sectors for the sole purpose of allowing sector comparisons. Co.'s principal activities comprise four main categories: Digital, Advertising, Specialized Agencies and Marketing Services (SAMS) and Media.

WPP Plc

WPP is a holding company. Through its subsidiaries, Co. is a communications services organization providing national and multinational clients a range of communications services. Co. is organized into four operating segments: Advertising and Media Investment Management; Data Investment Management; Public Relations and Public Affairs; and Branding and Identity, Healthcare and Specialist Communications. This last reportable segment includes WPP Digital and direct, digital, promotional & relationship marketing.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Jerôme Bodin

ResearchPool Subscriptions

Get the most out of your insights

Get in touch