Publicis Groupe: First Half 2021 Results

07/22/2021, Paris

Full recovery with all KPIs exceeding 2019 levels

Q2 organic growth at +17.1%, more than recovering vs. Q2 2020 at -13.0%
- New acceleration in the U.S. at +15.2%, with Epsilon at +31.1% and Publicis Sapient at +27.0%
- Continued momentum in Asia at +13.6%, Europe rebounding at +23.0%
- U.S. and Asia at +7% organic growth vs. 2019
Full recovery in H1 overall
- Organic growth at +9.7% vs. -8.0% in H1 2020
- All-time high operating margin rate at 16.5% in a first-half
- Growth of +27% in Headline EPS at €2.23 and +22% in Free Cash Flow at €605m
Number 1 in rankings in New Business in H1
Upgrade of all 2021 guidance KPIs with full recovery expected in one year instead of two: organic growth at 7%, operating margin rate at 17%, Free Cash Flow between €1.2bn and €1.3bn