(Il Sole 24 Ore Radiocor) - Milano, 14 apr - French advertising company Publicis said that in the first quarter net revenue came in at 3.460 billion euros from 3.535 billion a year ago, with organic growth of 4.5%, while total revenue was 4.191 billion euros against 4.161 billion up an organic 6.4%, in line with expectations.

Exchange rates had a negative impact of 268 million euros.

Acquisitions, net of disposals, accounted for a positive impact of 46 million euros.

All key regions contributed to growth with the US up an organic 4.7%, Europe 3.9%, and Asia Pacific 5.9% higher. The Middle East & Africa bucked the trend with 5.1% organic drop in revenue reflecting the geopolitical situation in the area.

Publicis said it expects an acceleration in the second quarter compared with the first despite a higher comparable of 100 basis points.

The company backed its full year guidance of net revenue organic growth of 4-5%, with a rock solid floor, and a slight operating margin improvement compared with the industry-high rate of 18.2% in fiscal 2025, and free cas flow of around 2.1.

billion euros.

(RADIOCOR) 14-04-26 08:06:05 (0105) 5 NNNN