Publicis Groupe: First Half 2025 Results

07/17/2025, Paris

Very strong Q2 at +5.9% organic growth

Stronger-than-expected Q2 with +10% revenue growth, leading to +5.9% net revenue organic growth
- Accelerating ahead of +4.9% 5-year CAGR for Q2
- Gaining significant market share with record new business wins
Strong performance across all regions in Q2: U.S. +5.3%, Europe +4.6%, APAC +5.7%
Increased operating margin rate at new record 17.4% in H1, while sustaining significant investments
Headline diluted EPS up 3.8% at €3.51, free cash flow¹ up 11.3% at €828 million
Upgrading full year 2025 organic growth to close to +5%, thanks to industry-leading net new business wins, and despite challenging macroeconomic environment
Maintaining industry-high financial KPIs in 2025: operating margin rate slightly above 18.0%, free cash flow¹ at c. €1.9 billion

¹Before change in working capital requirements