Revenue Rises Modestly at Publicis Groupe in Q3

Company still expects 3-4 percent organic growth for the year

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Publicis Groupe, citing slower growth in emerging markets, said third-quarter revenue rose 3 percent to $2.3 billion.

Organic growth increased 3.5 percent, down from 5 percent in the previous quarter, but showing an increase from the 2 percent rise reported in the year-ago period.

The Paris-based holding company is in the process of regulatory scrutiny as part of its planned merger with Omnicom Group. Today CEO Maurice Lévy shared few details about that process beyond what Omnicom chief John Wren offered yesterday when his company reported a net income decline in Q3.

With the release of his company's latest numbers, Lévy said that regulatory approvals are a “monumental task” but added that he doesn't foresee any major problems.

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