2023-04-20 02:33:05 ET
- Publicis Groupe S.A. press release ( OTCQX:PUBGY ): Q1 the Groupe’s liquidity position remains very solid, at €5.4 billion.
- Revenue of €3.08B (+10.0% Y/Y). Organic growth reached +7.1%.
- Outlook: 2023 guidance confirmed despite rising macroeconomic uncertainties, organic growth now expected to reach the top half of the 3 to 5% range. The Groupe reiterates its 2023 guidance of 17.5% to 18% operating margin rate and circa 1.6 billion Euros of Free Cash Flow before change in working capital.
For further details see:
Publicis Groupe S.A. reports Q1 results; reaffirms FY23 guidance