Publicis says undergoing 'destabilization attempt,' rejects allegations
Publicis Groupe said in a statement that it is undergoing a destabilization attempt following the dissemination to its auditors and some financial analysts of an anonymous letter stating that Publicis Groupe overvalued its organic growth for 2016 and 2017 through an early application of IFRS 15. Publicis Groupe formally rejects these allegations. "The author of this letter obviously has no knowledge of accounting standards and is proceeding by amalgam, for the sole purpose of creating doubt and disturbing the reality of Publicis Groupe's figures. Publicis Groupe has informed the AMF and is also studying all possible legal options at its disposal to respond to this attempt at destabilization."