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PGPEF - Publicis Should Buy Itself Instead Of Epsilon
Publicis Groupe S.A.
Introduction
Publicis (PUBGY) (PGPEF) (PBCBF) is one of the largest ad agencies in the world, and its 80,000 employees cover half of the world’s countries. The ad sector isn’t an easy sector as you have to deal with client turnover (as clients seem to be trying out different ad agencies every other few years) and the volatility of the world economy (companies will spend less on advertising during adverse economic circumstances).
Source: Yahoo Finance
Publicis is a French company, and its main and most liquid listing is on Euronext