Publicis Groupe chalks up 8.6% UK revenue growth
By Daniel Farey-Jones, campaignlive.co.uk, Thursday, 19 April 2012 09:39AM
Publicis Groupe has reported 8.6% growth in UK revenues for the first quarter as digital's share of its overall €1.45bn (£1.19bn) revenues overtook advertising's share.
The French group, headed by chairman and chief executive Maurice Lévy, has boosted its top line with a series of acquisitions over the past year, including UK direct agency Kitcatt Nohr.
Overall revenues were up 12.9% year on year but organic revenue growth – excluding acquisitions, disposals and currency fluctuations – was lower, at 4.1%.
Lévy said he believed the second half of the year would see "stronger and steadier growth" than the first half.
For the first time digital services accounted for a greater share of the group’s revenue than advertising (33% to 31%).
Digital grew by 15.6% on an organic basis and there was double-digit organic growth in the BRIC markets and what Publicis referred to as MISSAT (Mexico, Indonesia, Singapore, South Africa and Turkey).
Lévy said: "This is further evidence that the Groupe has made the right strategic investment decisions. We will continue to give pride of place to digital activities and high-growth markets."
This article was first published on campaignlive.co.uk
- Senior Marketing Director - 9-12 month FTC Comedy Central £competitive, Camden, London (Greater)
- Creative Strategist- £65k - Well known FMCG Brands Gemini Search £65000 per annum, City of London
- Senior Insight Manager Ball & Hoolahan £55,000 + Car/Car Allowance, West Midlands
- Category Manager Ball & Hoolahan £60,000 per annum, London (Greater)
- Email Marketing Manager Ball & Hoolahan £35,000 per annum, London (Central), London (Greater)
Agency: Wieden & Kennedy New York
- Macmillan defends hijacking ice bucket challenge
- Comparethemarket.com first UK brand to run Facebook Premium Video ads
- Guinness Africa launches 'made of black' campaign with Kanye West ad
- Twitter launches learning hub for agencies
- Game Of Thrones actress stars in online Karen Millen campaign
- Uncle Ben's launches YouTube cooking show