Publicis Groupe [Euronext Paris: FR0000130577, CAC 40] today announces that it will publish its first quarter revenue on April 23, 2020 before the market opens.
The COVID-19 pandemic has been the source of great human suffering, has forced a third of the global population to restrict its movements, including for professional purposes, and thus generated an uncertain, volatile and unprecedented economic situation. As industry peers and other media companies have already communicated, it is difficult to accurately predict the evolution of advertising and marketing spend. Publicis Groupe has therefore decided not to give any guidance until further notice.
However, the Groupe indicates that revenues at end of February were in line with its 2020 roadmap.
As Arthur Sadoun, Chairman and CEO has indicated many times, the management is focused on the safety and well-being of its people, and has put in place all of the necessary measures to allow them to work remotely from home. Ninety-five per cent of Publicis Groupe’s talent around the world are connected and equipped to work from home, supporting all of the Groupe’s clients. Publicis Groupe will continue to protect all its stakeholders’ interests and to rigorously manage all costs, particularly during this period.
ABOUT PUBLICIS GROUPE - THE POWER OF ONE
Publicis Groupe [Euronext Paris FR0000130577, CAC 40] is a global leader in communication. The Groupe is positioned at every step of the value chain, from consulting to execution, combining marketing transformation and digital business transformation. Publicis Groupe is a privileged partner in its clients’ transformation to enhance personalization at scale. The Groupe relies on ten expertise concentrated within four main activities: Communication, Media, Data and Technology. Through a unified and fluid organization, its clients have a facilitated access to all its expertise in every market. Present in over 100 countries, Publicis Groupe employs around 83,000 professionals.