Publicis Groupe: Full Year 2025 Results

• +5.9% Q4 organic growth, leading to +5.6% in 2025
• Solid FY performance across all regions: U.S. at +5.2%, Europe +4.2% and APAC at +5.8%
• Industry-leading financial KPIs:
  • 18.2% operating margin rate, up 20 basis points year-on-year
  • Headline EPS of €7.48, up 6.6% at constant currency
  • Free cash flow¹ at €2.0 billion, up 10.6%
  • 2025 proposed dividend at €3.75 per share, up 4.2%, fully paid in cash
• Expect to outperform again for 7th consecutive year in 2026: Full year organic growth guidance of +4% to +5%
• Improving best-in-class financial ratios in 2026:
  • Operating margin rate slightly above 18.2%
  • Free cash flow¹ at c. €2.1 billion²

Arthur Sadoun, Chairman and CEO of Publicis Groupe:
“Thanks to our AI-powered growth model, we are entering our second century stronger than ever, with Q4 organic growth of +5.9%.

This led to +5.6% for the full year, an acceleration versus our 5-year organic growth CAGR, with every region delivering solid results at a time when our main competitors are expected to be negative overall.

2025 has been a year of increased investments in our AI capabilities and talent while improving on our already industry-leading margin and free cash flow.  It was also a year of sustained commercial momentum as we once again topped the new business rankings.

Since the rise of GenAI three years ago, the growth model we have built means artificial intelligence is not a headwind for Publicis, but a strategic driver of growth and margin expansion. Over that period, we have increased our organic net revenue and operating profit by 20%, widening the gap with peers and growing ahead of competition by 700bps³ in 2025.

Now, looking ahead, we have one ambition: to be the industry's Most Valuable Partner.

We will be the MVP for our clients by building agentic solutions that truly deliver business outcomes at a moment when 95% of AI projects fail. We will be the MVP for our people by treating them as our key differentiator, not a commodity, giving them the tools and training they need to progress in an AI-driven world. And we will be the MVP to our shareholders by focusing on delivering transformational growth through new addressable markets, not legacy asset consolidation.

This makes us confident in outperforming the industry for the 7^th year in a row in 2026 on organic growth, while increasing margin, EPS and free cash flow.

I’d like to take this opportunity to thank our clients for their ongoing trust, and our people for their outstanding efforts as we build the future of our industry together.”

¹Before change in working capital
²Based on EUR = 1.20 USD
³Based on consensus