Report
Jerôme Bodin

Publicis : Rebound in organic growth in Q1 2021 thanks to the US

>Q1 posted organic growth thanks to the US - Publicis reported its Q1 gross margin yesterday evening. Organic growth came to +2.8% while our forecast was for -1.2% and the consensus -2%. The group therefore marked a return to organic growth driven by the US and Asia. Note the very favourable performance from Sapient (+11%) and Epsilon (+4.7%). The group indicated organic growth of +8-10% in Q2, a shade below our current forecast (+11%). Publicis’ conference call is sc...
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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