Q2 Organic Growth Rises Only 1% at Publicis Groupe

But weak euro boosts revenue, net income

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Publicis Groupe continues to reap the benefits of the strengthening dollar and pound sterling, announcing that second-quarter revenue rose 39 percent to $2.7 billion. But a more telling indicator, organic growth—which removes the impact of currency swings and acquisitions—shows the company grew by only 1 percent in the period, trailing competitors like Interpublic, which reported an increase of 7 percent in second-quarter organic revenue growth, and Omnicom, which reported 5 percent.

Over 50 percent of the Paris-based holding company's revenue is exposed to the U.S.

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