Publicis : More disappointment in Q3 2019 and a very challenging outlook
>Organic growth disappoints again - Publicis reported its Q3 2019 gross margin yesterday evening, whereas it was initially due to be released on 16 October. Q3 2019 and particularly the organic outlook for Q4 and 2020 are much weaker than expected. The one positive point is that the group confirmed its operating margin guidance of around 17% in 2020 whereas a portion of the consensus had expected a sharp drop. As much as the visibility is non-existent on growth, we ar...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.