Report
Jerôme Bodin

Publicis : Another quarter that beat forecasts, leading to an upward revision to guidance for growth in 2024

>Trend shows no signs of slowing, notably thanks to excellent momentum for media/Epsilon - This morning, Publicis published H1 results that came in above estimates with EBITA of € 1,160m vs € 1,152m forecast. Organic growth in Q2 was 5.4% while our forecast was for +4.6% and the consensus at +4.8%. The key point is that the group has revised up its 2024 guidance for organic growth with a new rage of +5-6% (vs +4-5% previously). This illustrates still robust momentum i...
Underlying
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.

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

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