Total revenues fell short of expectations this quarter, but overall profit and online advertising spiked.
The network continues to see organic revenues decline in Q2, but an acquisition and several one-off events are expected to spur growth in the second half of the year.
As Google recovers from an advertising retraction, CFO Ruth Porat has been handed a new role overseeing parent Alphabet’s experimental bets.
The holding company’s organic net revenue suffered as tech clients “weighed significantly” on growth and digital agencies continued to underperform.
Publicis CEO spoke to Campaign after group grew 7.1% in Q2 and revealed it is giving staff an average salary increase of 4% in 2023.
Organic revenue rose 7.1% for second quarter in a row despite economic uncertainty.
Top news, insights and analysis every weekday
Sign up for Campaign Bulletins