#Publicis #Groupe #Quarter #Revenue
Third Quarter 2022 Revenue
3rd consecutive quarter of double-digit organic growth
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FY 2022 guidance upgrade
October 18, 2022
- Q3 reported growth of +23.5%
- A third quarter of double-digit organic growth with +10.3% in Q3:
- Publicis Sapient at +18.1% and Epsilon at +13.9%, both significantly accretive
- Continued strength across regions with notably both the U.S. and Europe at +11.1%
- Acceleration of organic growth compared to pre-pandemic levels: +16% in Q3 versus 2019, after +12% in Q2 and +10% in Q1
- Continued momentum of account wins strengthening leadership position in New Business leagues
- Second upgrade of FY 2022 guidance:
- Organic growth circa +8.5%, vs. +6% to +7% previously
- Operating margin rate close to 18%, vs. 17.5% to 18% previously
- Free cash flow close to €1.6bn, vs. at least €1.5bn previously
- An exceptional bonus of one-week salary for half of our employees, to support our talent with no variable remuneration
Q3 2022
| €3,237 m | |
| +23.5% | |
| +10.3% | |
9M 2022
| €9,110 m | |
| +20.6% | |
| +10.3% | |
Arthur Sadoun, Chairman and CEO of Publicis Groupe:
“ Q3 came in strong at +23.5% on a reported basis.
In an increasingly uncertain global economic context, organic growth for the quarter was ahead of expectations at +10.3%.
For the third quarter in a row, our model allowed us to deliver double digit growth by once again capturing the evolution in client spend towards first-party data management, digital media and business transformation. Publicis Sapient continued to perform strongly with +18.1% organic growth, and Epsilon saw an acceleration to +13.9% organic growth this quarter.
All of our regions posted solid organic growth, with both the U.S. and Europe at +11.1%, and China at +5.9% despite the ongoing lockdowns there.
Furthermore, our new business record continues to place…
