Publicis : A quarterly performance that beat expectations at both the organic and margin level
>H1 far better than expected - The morning, Publicis published interim results which beat forecasts (EBIT of € 622m vs € 459m forecast), with an organic decline of 13% whereas we had forecast -18.2%, a forecast that was already above the consensus. The conference call should confirm a better-than-anticipated trend in the advertising market, particularly in the US. Once again, cost management proves to be Publicis strong point. We reiterate our Neutral recommendation o...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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.