|Bid||62.80 x 10000|
|Ask||63.90 x 5000|
|Day's Range||57.44 - 58.33|
|52 Week Range||55.33 - 69.00|
|PE Ratio (TTM)||-24.87|
|Forward Dividend & Yield||2.10 (3.14%)|
|1y Target Est||N/A|
Publicis reported revenue below expectations and said it was “difficult to predict” its performance for the rest of 2017, heightening investor worries over some of the ad industry’s biggest firms.
Shares in WPP (WPP.L) fell more than three percent on Thursday on a triple whammy of bad news for the world's biggest advertising group, less than two months after it issued a major profit warning. WPP, run by high-profile executive Martin Sorrell, sent shockwaves through the industry in August when it cut its sales target after consumer goods giants curbed spending, prompting its shares to fall 11 percent and record their worst day of trading in 19 years. The British company's stock fell 3 percent on Thursday after smaller rival Publicis (PUBP.PA) posted third-quarter sales below forecasts and said the market remained challenging, sending its shares down 7 percent.
Advertising agency Publicis , facing fierce new competition from the growth in online advertising, posted third-quarter sales on Thursday that missed market forecasts and sent its shares lower. The world's third-largest advertising group behind WPP and Omnicom said sales had risen 1.2 percent on a like-for-like basis to 2.264 billion euros ($2.67 billion). Publicis's shares slid 6.6 percent to 58.09 euros in mid-session trading, making the stock the worst performer on France's benchmark CAC-40 index.
Publicis' new CEO won't confirm 2018 margin goals as advertizing industry continues to struggle with data-driven shift.
French advertising agency Publicis (PUBP.PA), facing fierce new competition with the growth in online advertising, posted third-quarter sales on Thursday that missed market forecasts and sent its shares lower. The world's third-largest advertising group behind WPP (WPP.L) and Omnicom (OMC.N) said sales had risen 1.2 percent on a like-for-like basis to 2.264 billion euros ($2.67 billion). Publicis's shares slid 5.1 percent to 59.01 euros in early trading, making the stock the worst performer on France's benchmark CAC-40 index (.FCHI).
PARIS (Reuters) - Shares in Publicis (PUBP.PA) fell on Thursday after the French advertising group posted third quarter sales that came in below market forecasts. Publicis shares were down 4.5 percent ...
France’s Publicis posted a 1.2% rise in third-quarter revenue, a result that could help ease the widespread investor panic that has engulfed the advertising sector since the last round of earnings.
Growth in North American advertising spending in 2017 is being lifted by Canada's buoyant economy and is outpacing growth in Western and Central Europe where Britain's political and economic uncertainty has weighed, a leading forecaster said. Zenith, owned by France's Publicis, forecast growth of 3.6 percent in North American advertising spending in 2017 and an average of 3.4 percent a year 2019. A slowdown in Britain would drag down spending growth in Western and Central Europe to 2 percent in 2017 from 3.9 percent last year, Zenith said, adding it expected average annual growth in the region of 2.6 percent to 2019.
Publicis Groupe and Omnicom Group kicked off earnings season for ad-holding companies on...
France's Publicis said on Thursday it regained a little traction in the second quarter, driven by a surge in revenue in its biggest regional market, North America. The Paris-based group has gone through an internal reorganisation over the last 18 months, dubbed "The Power of One", aimed at fostering greater cooperation between its myriad agencies and is strongly backed by the newly-appointed chief executive Arthur Sadoun. Sadoun, 46, replaced company veteran Maurice Levy last month and shocked the industry by announcing Publicis would skip all major ad award events for a year to focus on the creation of a sophisticated internal network, built by Sapient, the ad firm it acquired for $3.7 billion.
Over the course of 30 years, French advertising and PR firm Publicis has achieved a lot with Maurice Levy at its helm, however, it wasn’t always smooth sailing.
The outgoing CEO of one of the world's most influential advertising agencies, Publicis, is not looking to retire anytime soon.