Report
Jerôme Bodin

Publicis : Contrary signals: dim visibility but shielded by EPS

>Air pocket in Q2 but recovery in Q3? - Publicis held its post interim earnings conference call yesterday. Organic growth is thus disappointing in Q2 (-2.1%) mainly owing to a sharp deceleration for the healthcare businesses in the US (Publicis Health Services), but without major impact on margins. This is why the H1 EBIT performance was almost in line with the consensus (€ 615m vs. € 609m). The group has repeated its guidance for growth in 2018 exceeding 2017 (i.e. 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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