Publicis : 2023 results in line and 2024 growth guidance very encouraging
>Neutral rating maintained - Publicis’ full-year 2023 results, reported this morning, were in line with expectations with EBIT of € 2.363bn while we forecast € 2.352bn. Publicis had already released its revenues and organic growth for Q4, which beat forecasts at +5.7%, in line with Q3 (+5.2%). The full-year organic performance came in at +6.3%, ahead of the 5.5-6% range provided as guidance. This illustrates the group’s continuing momentum in terms of market share gai...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.
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.
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