Michael Heusner
Oct 11, 2019

Publicis Q3 revenue falls 2.7% in shock decline amid 'painful' conditions

'We are accepting this painful situation in the short-term, to be better prepared for the future,' says CEO and Chairman Arthur Sadoun.

Arthur Sadoun

Publicis Group’s 2.7% organic revenue decline was below internal expectations, mainly due to cuts from a handful of US clients in the traditional advertising space which had a stronger impact than anticipated in July.

Q3 net revenue totaled $2.838 billion 2.577 billion, with $414 million 376 million of that amount reflecting the acquisition of Epsilon, which was completed earlier this year. 

The performance of media operations...

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