PUBGY - Publicis Groupe S.A. reports Q4 results

• Publicis Groupe S.A. press release ( OTCQX:PUBGY ): Q4 Revenue of €3.46B (+17.7% Y/Y).
• For the full year 2023 , the Groupe aims at delivering a 3% to 5% organic growth, the mid-point of the range being in line with the Groupe’s last 3-year CAGR. For Q1 2023 , the Groupe expects to deliver organic growth between 3% and 5% as well.
• The Groupe expects to maintain very solid financial ratios again in 2023 : Operating margin is expected to be between 17.5% and 18% as the Groupe continues to invest in its talent and improve its competitiveness while leveraging its efficient structures in a context of inflation.
• Free Cash Flow is expected at circa €1.6B in 2023.

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