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BOSTON Buoyed by a strong performance in the digital sector, Publicis Groupe today reported first-quarter organic growth of 5.4 percent to approximately $1.65 billion compared to the same period a year ago.
Organic growth excludes the impact of acquisitions and currency fluctuations. In constant currency terms, growth was 8.2 percent. In real growth terms, the Q1 performance was flat, mainly owing to the weak U.S. dollar.
The Paris-based holding company’s numbers beat analysts’ predictions and reaction in the investment community was generally positive.
“Publicis achieved a solid but not a revolutionary quarter, helped by an easy comparison base.
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