Publicis Groupe: Q1 2023 Revenue

04/20/2023, Paris

Strong start to 2023 after 2 years of double-digit growth
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Full year guidance confirmed

Q1 2023 reported net revenue up 10%
Organic growth of +7.1% above expectations after +10.5% in Q1 last year:
- Epsilon and Publicis Sapient both significantly accretive at +10% and +11% organic
- Continued strong performance in the U.S. at +5.8% organic
- Acceleration in Europe to +12.3% organic
- China posting solid numbers at +3.7% organic growth
Continued New Business dynamics in Q1 after topping industry rankings 4 times in 5 years
2023 guidance confirmed despite rising macroeconomic uncertainties, organic growth now expected to reach the top half of the 3 to 5% range