Publicis : Organic growth of 1.3% in Q3, slightly below forecasts but showing a strong sequential recovery
>Return to growth, Q3 revenues show organic growth of 1.3% - This morning, Publicis published its gross margin for Q3, which came in slightly short of expectations in terms of organic growth. The gross margin grew +1.3% (vs +1.6% in Q1 and -2.1% in Q2 2018) whereas we expected +1.9% and the consensus was for +1.6%. The quarter was marked by the contribution of recent accounts wins (particularly Daimler, Macy’s, Carrefour and Marriott), which offset the fall in healthc...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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