Publicis Groupe Posts Rise in 2012 Net Income

Holding company expects a 'difficult' 2013

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Publicis Groupe today reported a 23 percent increase in 2012 net income to $982 million, thanks to growth from digital services and its agencies in the U.S. and developing markets.

Revenue climbed nearly 14 percent, with digital now accounting for a third of the $8.81 billion in total revenue generated last year.

While the French holding company predicted that this year it will outperform its 2012 results, global CEO Maurice Lévy offered an otherwise pessimistic industry outlook.

“While 2012 was a more difficult year than expected, 2013 looks like it will be even more difficult between economic uncertainity and the weakness of Europe, where whole sectors of industry both lack competitiveness and face consumers’ concerns," Levy said.

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