Publicis: Group share of net profits E313 million
(CercleFinance.com) - Net revenue reached E2,198 million in the second quarter of 2018 compared to E2,397 million in 2017, down 8.
3%. At constant exchange rates, growth was -2.4%. Net revenue for the first half of 2018 was E4,280 million compared to E4,664 million in 2017, down 8.2% (-0.5% at constant exchange rates).
Operating results went up to E452 million at the end of June 2018 compared to E604 million in 2017. The Group share of net profits is E313 million compared to E387 million.
“The objective is to accelerate organic growth over 2018-2020 with the ambition of achieving +4% by 2020. Publicis Groupe is also aiming to increase its percentage operating margin by 30 to 50 basis points per annum between now and 2020” indicates the Group.
“Publicis Groupe is targeting 5% to 10% annual growth of its headline diluted EPS, ramping up over the next three years, at constant exchange rates”.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
3%. At constant exchange rates, growth was -2.4%. Net revenue for the first half of 2018 was E4,280 million compared to E4,664 million in 2017, down 8.2% (-0.5% at constant exchange rates).
Operating results went up to E452 million at the end of June 2018 compared to E604 million in 2017. The Group share of net profits is E313 million compared to E387 million.
“The objective is to accelerate organic growth over 2018-2020 with the ambition of achieving +4% by 2020. Publicis Groupe is also aiming to increase its percentage operating margin by 30 to 50 basis points per annum between now and 2020” indicates the Group.
“Publicis Groupe is targeting 5% to 10% annual growth of its headline diluted EPS, ramping up over the next three years, at constant exchange rates”.
Copyright (c) 2018 CercleFinance.com. All rights reserved.