Publicis Q2 revenue up 1.6%

PARIS: Publicis Groupe reported global organic revenue growth of 1.6% to about $2 billion in the second quarter of 2012.

PARIS: Publicis Groupe reported global organic revenue growth of 1.6% to about $2 billion in the second quarter of 2012.

In the first half of the year, the holding company saw nearly $3.8 billion in global revenue, up 2.8% organically compared with the prior year. Net income in H1 reached $335.5 million, and the group saw $1.8 billion in net new business in the first half.

North America saw 1.8% organic growth in Q2, year-over-year, and 2.6% organic growth in revenue in the first half. Revenue in Europe in Q2 dropped 1.7% organically compared with the prior year. First-half revenue in Europe increased 0.6% year-over-year.

Organic growth represents change in revenue without measuring the impact of acquisitions or disposals.

Publicis earned 19% of its revenue in the first half of 2012 from its SAMS unit, which includes PR agencies such as MSLGroup, the VivaKi digital unit, and healthcare firms, compared with 20% in the same period of 2011. Digital made up 33% of the company's H1 revenue and advertising made up 30%.

In May, Ann Inc., the parent company of retail stores Ann Taylor and Loft, selected MSL New York as its AOR, and Sunkist Growers named MSLGroup AOR of its food service business for lemons.

At the beginning of July, Publicis bought German-based Communications & Network Consulting and added it under MSLGroup. The company also recently acquired the Bartle Bogle Hegarty ad agency network after having held a 49% stake for years.

Publicis and MSL are involved in a $100 million class action lawsuit that was filed by former female employees in February 2011. It accuses the holding company and MSL of gender pay discrimination and alleges that MSL Americas president Jim Tsokanos and Washington MD Neil Dhillon made offensive remarks toward female employees.

Have you registered with us yet?

Register now to enjoy more articles and free email bulletins

Register
Already registered?
Sign in

Would you like to post a comment?

Please Sign in or register.