Publicis : Le plus dur probablement derrière nous – Neutre vs Alléger
>Vers un T2 pas aussi difficile qu’attendu - Nous relevons nos attentes de décroissance organique pour le T2 (-18% vs -25%) et pour 2020 (-10.2% vs -12.2%). Nous estimons en effet que le T2 pourrait avoir un peu mieux résisté que nous ne l’attendions ces dernières semaines, notamment dans certaines activités des agences (par exemple la communication de crise). Dentsu et WPP ont confirmé une baisse plus modérée qu’attendu. Il est par ailleurs probable que certains anno...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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