Publicis Groupe Reports Slowdown in Q2 Organic Growth

Predicts higher third quarter

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Publicis Groupe said growth in the second quarter was slowed by continuing weakness in the Eurozone, the end of the company's global media-business contract with General Motors and a downturn in Publicis' healthcare marketing business.

“The world economic situation is both volatile and uncertain,” Publicis Groupe chief Maurice Lévy said in a statement. “Our third quarter should see a return to much higher growth, at rates far closer to our usual performance.”

The Paris-based holding company reported organic growth of 1.6

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