Publicis : Q3 better than expected, natural caution on Q4 and reassuring indications on the operating margin
>A publication that confirms a gradual return to normal - This morning, Publicis posted a gross margin down -5.6% on an organic basis vs our forecast for -7% and -8.9% for the consensus. This performance therefore beat expectations, particularly in the US. Unsurprisingly, the group delivered a cautious message for Q4. The group has scheduled a conference call this morning at 9.30 a.m., providing the opportunity to give an update on: 1/ trends in Q4 and slightly more d...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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