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PUBGY

Publicis

$0.00 /

+ (+0.00%)

11:45
10/10/19
10/10
11:45
10/10/19
11:45

Publicis lowers 2019 revenue growth guidance to down 2.5%

Publicis said in a statement, "On the one side, the cost of our transition is hurting short-term organic growth with a negative Q3 below our internal expectations. This is leading us to take a very cautious approach and reset our guidance for revenue this year, now expected around -2.5%. On the other, our transformation is starting to show concrete results. We are posting a 17.3% growth in our reported revenue, shifting the revenue profile of the Groupe towards future-facing expertise. We can confirm a 17.3% operating margin and a 5% headline EPS growth for 2019 thanks to solid financials. We continue to have a strong new business momentum, demonstrating the attractiveness of our go to market."

  • 11

    Oct

PUBGY Publicis
$0.00 /

+ (+0.00%)

10/07/19 Morgan Stanley
Publicis downgraded to Underweight from Equal Weight at Morgan Stanley
07/19/19 Liberum
Publicis downgraded to Hold from Buy at Liberum
04/15/19 KeyBanc
Alliance Data sale of Epsilon could unlock shareholder value, says KeyBanc
04/15/19 Wells Fargo
Wells Fargo views Alliance Data sale of Epsilon to Publicis as positive

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