Publicis Groupe: Full Year 2022 Results

Double-digit organic growth for the 2nd year in a row

Confident for 2023

  • 2022 reported net revenue up +20%

  • Full year 2022 organic growth at +10.1% after strong end to the year with Q4 at +9.4%

  • Epsilon and Publicis Sapient at +12% and +19% organic respectively in 2022

  • Operating margin rate at 18.0% with bonus pool at record high, headline EPS at €6.35 up +26% and Free Cash Flow at €1.7bn1

  • N°1 in new business league tables in 2022 for the fourth time in five years

  • 2023 organic growth expected at +3% to +5% with operating margin rate between 17.5% and 18%

  • 2022 proposed dividend at €2.90 per share, fully paid in cash

 

Press release

Invitation

Webcast

Presentation

2022 Consolidated Financial Statement

1 Free Cash Flow (FCF) before change in Working Capital requirement.
Reported 2022 FCF at €1,807M before an additional €110M cash tax payment made in January 2023 relating to 2022. This payment reflects the impact of the new application of the U.S. Tax Cuts and Jobs Act (TCJA) on the capitalization of R&D expenses, confirmed late December 2022.