Publicis: growth target raised for 2024
(CercleFinance.com) - On the occasion of its quarterly trading update, and expecting momentum to be maintained in Q4, Publicis Groupe has raised its organic net income growth target for 2024 to +5.
5%, from +5% previously.
The communications group posted Q3 net income of E3.42bn, up 5.6% as reported and up 5.8% organically, accelerating on the four-year average annual growth of 5.1%.
This performance is the fruit of our combined media and Epsilon activities, which grew by almost 10% this quarter, management said, who also points out an acceleration in China (to +12.4%).
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