Publicis: Q1 Organic Revenue Up 3%

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BOSTON Publicis Groupe today reported a 6.5 percent rise in first-quarter revenue to approximately $1.5 billion, a nearly 12 percent improvement at constant exchange rates.

In organic terms, excluding exchange fluctuations and the impact of acquisitions (such as Boston-based i-shop Digitas), Q1 growth was 3 percent.

Maurcie Lévy, chairman and CEO of the Paris-based holding company, said in a statement, “The first half of 2006 took into account the revenue of accounts lost at the end of 2005 and beginning of 2006, thus reducing the relevance of comparisons with this period: this explains Q1 organic growth at close to 3 percent, a figure which does not truly reflect the dynamism of our operations, or the organic growth we expect for the year as a whole.”

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