Publicis : Difficult Q2 18 with organic growth of -2.1%, improvement in H2
>Q2 2018 organic growth lower than expected at -2.1% - This morning, Publicis published its H1 2018 results, which fell slightly short of expectations in terms of organic growth. The group posted organic growth of -2.1% in Q2 whereas we looked for +1.8% and the consensus 1.1%. In H1, organic growth came to -0.4% vs the consensus forecast of +1.4%. EBITA was in line with expectations at € 611m and the operating margin was 14.3% (vs 13.7% last year).The group reite...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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