Publicis has announced that its consolidated revenue for Q3 2007 rose 10.8% to €1,122 million, compared with €1,013 million for the same period in 2006.
Organic growth in the third quarter was 4.6%, in line with the group’s expectations.
In the third quarter, 43.4% of Groupe revenue came from North America, 37.3% from Europe, 11.1% from Asia Pacific, 5.9% from Latin America and 2.3% from the Middle East and Africa. The share of emerging economies in the Groupe’s total third quarter revenue rose to 22%.
Publicis added that the third quarter saw a steady progression at Publicis Worldwide and Leo Burnett, and strong growth at Saatchi & Saatchi, particularly in the USA.
Publicis Groupe Media networks, Starcom MediaVest Group and ZenithOptimedia, both achieved double-digit growth. Publicis Events and other SAMS agencies also posted good growth (with the exception of Publicis Healthcare Communications Group where the difficult healthcare market has had an impact).
Maurice Lévy, chairman & CEO of Publicis Groupe, said: “Third quarter numbers are good. Revenue grew by close to 11%, a performance which would have been nearly 15% at constant exchange rates. For the first nine months of the year, revenue grew 7.5% and would have approached 12% before the impact of exchange rate variations. We are also encouraged by the fact that our third quarter organic growth rate has accelerated to 4.6%, in line with our internal forecasts, following a disappointing first half.
“In key markets, Publicis Groupe has both the talent and the assets to provide even better service to our clients and improve our market share. All these developments are leading to the steady transformation of the Groupe and of our business model, which will positively affect our future growth. The solidity of the Groupe’s margin and our positive organic growth are in line with our expectations and enable us to confirm the objectives announced in the first half of the year.”
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