Publicis gets a boost from its U.S. performance this quarter while Omnicom gets dragged down (OMC)
Publicis Groupe and Omnicom group Inc. both kicked off earnings season for ad-holding companies on Thursday, with both firms exhibiting organic growth.
Publicis’ organic growth was up by 0.8%, versus estimates of a 0.5% decline in the second quarter, with revenue amounting to €2.52 billion ($2.9 billion). On the other hand, Omnicom said it posted organic growth of 3.5% in its second quarter. Overall revenue totalled $3.79 billion, which was down 2.4% compared to the sam
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