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Publicis Groupe reported a 13 percent increase in first-quarter revenue, to $1.90 billion, thanks to strength in its digital activities and emerging markets. However, the Paris-based holding company warned that growth is expected to slow in the second quarter.
The downturn will occur as marketers shift dollars to the second half of the year when the industry enjoys a quadrennial boost from the London Olympics and the U.S. presidential election. Publicis expects its second-half results to be stronger than the first six months of the year.
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