Publicis Groupe Beats Organic Growth Expectations for Q1 Results

The company reports a growth of 2.8%, but a 3.6% decline in net revenue

CEO Arthur Sadoun of Publicis Groupe is confident yet cautious about the year ahead.
CEO Arthur Sadoun of Publicis Groupe is confident yet cautious about the year ahead. Publicis Groupe

In a year impacted by the global pandemic, Publicis Groupe has posted a better-than-expected first quarter with “solid” organic growth of 2.8%. Net revenue was still down 3.6% to $2.865 million year over year. In Q1 2020, the company reported a net revenue of $2.972 million just as the pandemic began to take hold.

@stephenlepitak stephen.lepitak@adweek.com Stephen is Adweek's Europe Bureau Chief, based in Glasgow.