Publicis Groupe: Third Quarter 2024 Revenue

Strong Q3 2024 at +5.8% organic growth

Upgrading full year organic growth guidance despite challenging macro

  • Q3 2024 organic growth at +5.8%
    • Continuing to gain market share
    • Accelerating versus 4-year Q3 CAGR of +5.1%
  • #1 ranking in net new business1 in Q3 and 2024 YTD
  • M&A acceleration: acquisition of the world’s largest influencer and commerce marketing companies for $1 billion
  • Expecting to maintain momentum in Q4: upgrading full year 2024 organic growth guidance floor to +5.5%, versus +5.0% previously.
  • Confirming industry-high 2024 financial KPIs: operating margin rate at 18.0% and free cash flow2 between €1.8bn-1.9bn

  

Press release

Invitation

Webcast

Presentation

  

1JP Morgan new business ranking (published October 10, 2024) 
2Before change in working capital requirements