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PUBGY - Publicis Groupe S.A. reports Q2 results; raises FY23 guidance
Publicis Groupe S.A. ADR
2023-07-20 02:06:43 ET
Publicis Groupe S.A. press release ( OTCQX:PUBGY ): Q2 Revenue of €3.24B (+5.5% Y/Y). Organic growth reached +7.1%.
EBITDA amounted to €1,335 million in H1 2023, compared to €1,287 million in H1 2022, up by +3.7%. This represents 21.1% of net revenue.
Upgrade of 2023 guidance despite persistent macro uncertainties: organic growth now expected at circa +5%, operating margin rate close to 18%, Free Cash Flow at least €1.6B.