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Publicis Groupe: First Half 2020 Results

07/23/2020, Paris

Strong fundamentals to weather the crisis

H1 reported net revenue at +9.7%, EBITDA +4.3%

H1 organic growth at -8.0%, with Q2 at -13.0% impacted by lockdowns

Solid tailwind in the US, leading to a limited organic decline of -3.3% in H1

Resilient financials: Operating margin of 13.0%, headline EPS of €1.75, free cash flow of €495 million

Continued new business momentum