PUBGY - Publicis Groupe reports Q3 organic growth at 5.3% updates guidance
2023-10-12 06:57:29 ET
- Publicis Groupe ( OTCQX:PUBGY ) Thursday reported Q3 organic growth at +5.3%.
- Further upgrade of 2023 guidance:
- Organic growth expected at +5.5% to 6%, vs. circa +5% previously
- Operating margin rate at 18%, vs. close to 18% previously
- Free cash flow close to €1.7bn, vs. at least €1.6bn previously.
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Says all regions posted solid organic growth, with the U.S. at +3.2% on top of double digits in the last two years, Europe at a standout +10.7% and APAC improving again at +3.8%.
- Source: Press Release
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Publicis Groupe reports Q3 organic growth at 5.3%, updates guidance