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Publicis Groupe: Q1 2026 Revenue

Strong Q1
Expecting sequential acceleration in Q2

Confirming full year guidance despite macro context

  • Revenue organic growth of +6.4% leading to net revenue organic growth of +4.5%, in line with expectations
  • All key regions performing well: U.S. at +4.7%, Europe at +3.9%, Asia-Pacific at +5.9%
  • Expecting sequential acceleration in net revenue organic growth in Q2’26
  • Reaffirming FY’26 guidance:
    • Net revenue organic growth of +4% to +5%, with rock solid floor
    • Slight operating margin improvement vs. industry-high rate of 18.2% in FY’25
    • Free cash flow at c. €2.1 billion1

 

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1Before change in working capital requirements and based on EUR = 1.20 USD.