BOSTON Publicis Groupe today said its first-quarter revenue increased 4 percent to approximately $1.14 billion, compared to the same period a year ago.
The Paris-based holding company also said it registered $1.5 billion in net new business during the quarter. Key U.S. wins for Publicis Groupe agencies in Q1 included Bally Total Fitness, EarthLink, Simmons, JPMorgan Chase and EchoStar.
"The numbers achieved in the first quarter combined with record levels of new business make me confident about the prospects for the group performance over 2005 as a whole," said Maurice Levy, company chairman and CEO, in a statement.
Revenue growth for the company was 7 percent in the Asia-Pacific region and nearly 5 percent in North America (the company's largest area of operation). In Latin America, revenue grew more than 4 percent, but less than 2 percent in Europe (the company's No. 2 area of operation).
Publicis Groupe is parent to agencies such as Leo Burnett, Publicis, Saatchi & Saatchi, Starcom MediaVest and ZenithOptimedia.
—Adweek staff report