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Publicis Groupe said organic growth was flat in the first quarter while the positive impact of foreign exchange and acquisitions like Sapient boosted revenue growth by 32 percent.
The holding company reported revenue of $2.3 billion in Q1. Organic revenue increased nearly 1 percent, due largely to digital operations, which grew 5 percent organically and now constitutes more than 50 percent of revenue.
"We expected organic growth to be slightly down this quarter, but, on the contrary, it is up almost 1 percent," Publicis CEO Maurice Lévy said, in a statement.
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