Mixed fortunes for Publicis as first half revenues slip despite return to quarterly growth
Publicis Groupe has posted a mixed set of results after a small dip in revenues over the first half of the year took the shine off a welcome return to growth in the second quarter.
Revenues grew 1.9% over the first half but this fell to a mere 0.2% when the effects of currency movements and acquisitions are stripped out, although growth picked up in the second quarter when organic growth hit 0.8%.
Blaming its disappointing performance over the six months taken as a whole, Publicis blamed le
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