“Publicis demonstrates the solidity of its model”

by time news

2023-07-20 08:55:27

Arthur Sadoun, Chairman of the Management Board of Publicis Groupe. JOEL SAGET / AFP

Driven by good half-year results, including organic growth of 7.1%, the communications group chaired by Arthur Sadoun is revising all of its 2023 objectives upwards.

All the planets are aligned for the world’s leading communication group by market capitalization (more than 18.2 billion euros). On the occasion of the publication of its half-year results on Thursday morning, Publicis Groupe (Publicis, Leo Burnett, Saatchi & Saatchi, Starcom, Zenith, etc.) once again demonstrated the solidity of its model, “resilient and ready for the future”, in the words of Arthur Sadoun, its chairman of the board. “By moving from a partner in the communication of our customers, advertisers, to an essential partner in their transformation, we have become a stronger group since 2019, with net income up 45% and an operating margin up 68% over the period”welcomes the 52-year-old leader at the head of the French group since June 2017.

After an already dynamic 2022, Publicis recorded organic growth of 7.1% and net income of 6.3 billion euros in the first half of 2023. Her…

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