Report
Jerôme Bodin

Publicis : Quelles perspectives au T4 et en 2019 ?

>Une valorisation raisonnable mais marché structurellement poussif - Nous faisons un point sur la valeur Publicis quelques semaines après la publication de sa marge brute T3 (croissance organique de 1,3%). Le bon momentum commercial se poursuit sur la fin d’année avec quelques nouveaux gains de budgets (GSK et JM Smucker) et surtout aucune perte majeure. Sous l’effet un très bon S1 (plusieurs gains importants : Daimler, Carrefour, Campbell etc.), la croissance organiq...
Underlying
Publicis Groupe SA

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.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Jerôme Bodin

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