Publicis Sees Its Q1 Revenue Decline

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NEW YORK Publicis Groupe said its first-quarter revenue, dragged down by the weak dollar, fell 4.3 percent to $1.1 billion. Organic growth, excluding the impact of foreign exchange and acquisitions, actually improved 4.4 percent.

Maurice Levy, chief executive of the Paris-based holding company, said growth was especially good in North America, the Asia-Pacific region and Latin America. The company is well on its way to meeting its objective of a 15 percent operating margin for the full year, he said.

While



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