Publicis’ third-quarter results show double-digit organic growth, up 10.3%

Andrew Banks

October 18, 2022 7:09

According to Publicis Groupe today, the company’s third-quarter net revenue rose 23.5 per cent to €3.24 billion (AU$5.065 billion) from €2.62 billion (AU$4.1 billion) last year. The quarter was marked by strong double-digit revenue growth across all regions.

Publicis Groupe chairman and CEO, Arthur Sadoun said: “Q3 came in strong, up by 23.5% on a reported basis. In an increasingly uncertain global economic context, organic growth for the quarter was ahead of expectations up by 10.3%.

“For the third quarter in a row, our model allowed us to deliver double-digit growth by once again capturing the evolution in client spend towards first-party data management, digital media and business transformation. Publicis Sapient continued to perform strongly with an increase of 18.1% organic growth, and Epsilon saw an acceleration to +13.9% organic growth this quarter.

Subscribe to keep reading

Join Mumbrella Pro to access the Mumbrella archive and read our premium analysis of everything under the media and marketing umbrella.

Andrew Banks

Andrew is an editor and journalist with over 27 years' experience, working across publications including news.com.au, The Sunday Telegraph and The Australian newspaper.

Topics

Agathe Bousquet Anne-Gabrielle Heilbronner Arthur Sadoun Carla Serrano Dave Penski financial results financials Michel-Alain Proch Nigel Vaz Publicis Groupe Q3 results Steve King