Publicis Sees 3.1% Q1 Revenue Spike

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Publicis Groupe CEO Maurice Levy said the firm’s 3.1 percent organic revenue spike to $2.18 billion in the first quarter, compared to the same period a year ago, “exceeded even our most optimistic forecasts.”

The Paris-based holding company today joined two of its competitors — Omnicom Group and Havas — in releasing upbeat Q1 numbers this week, an indication, perhaps, that recovery in the global advertising sector has begun in earnest.

The 3.1 percent organic figure — excluding the impact of acquisitions and currency fluctuations — is a big improvement over the 4.4

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