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»Arthur Sadoun

Publicis Groupe Cuts CEO And Board Salaries, Slashes Dividends By 50%

This story has been updated to reflect Tuesday's earnings call.  Publicis Groupe said Monday it will cut the salaries of chairman and CEO Arthur Sadoun and executive chairman of the supervisory board Maurice Lévy by 30% in response to the coronavirus pandemic. The company will also reduce compensation by 20% for management board members. For... Continue reading »
by Alison Weissbrot // April 13th, 2020 //
»
Publicis Is Winning Business, But Still Can’t Get Back To Growth

It was the same old story at Publicis Group in 2019: lagging organic growth as it tried to overcome a struggling creative business and assemble the pieces from a long transformation. Organic growth dipped 2.3% to $12 billion in 2019, and declined 4.5% to $3.2 billion in Q4, in line with lowered expectations the company... Continue reading »
by Alison Weissbrot // February 6th, 2020 //
»
Publicis Reports Q3 Early Because Results Are That Bad – And Lowers Guidance Through 2020

Publicis reported Q3 earnings on a last-minute call with investors Thursday after results came in worse than expected, causing the holding company to lower its guidance through 2020. Organic growth was down 2.7% to $2.86 billion in Q3, and down 1.4% to $7.6 billion in the first nine months of the year. So Publicis lowered... Continue reading »
by Alison Weissbrot // October 10th, 2019 //
»
Publicis Is Back To Growth, But Defends Epsilon Acquisition To Investors

Publicis Groupe grew 0.1% to $2.5 billion in Q2, returning to positive growth after a rocky first quarter. Organic growth was down 0.7% for the first half of the year. Despite the positive quarter, investors were skeptical of Publicis’ $4.4 billion acquisition of Epsilon, which closed in July. Many wondered why the company has such... Continue reading »
by Alison Weissbrot // July 18th, 2019 //
»
Publicis Buys Epsilon For $4.4B – But Will It Be Able To Integrate The Frankenstack?

Publicis Groupe’s $4.4 billion purchase of email marketing and data company Epsilon on Sunday comes down to three words: first-party data. “What is really important for our clients is to build their first-party data,” said Publicis Groupe CEO Arthur Sadoun on an investor call Monday. “If not, they will be killed by direct to consumer... Continue reading »
by Alison Weissbrot // April 15th, 2019 //
»
Publicis Suffers Alongside Consumer Goods Marketers

Consumer goods clients are struggling, and dragging Publicis down with them. The holding company reported weak earnings with just 0.3% organic growth for the quarter and 0.1% organic growth for the year to $2.85 billion, well below analyst expectations of 2.5%. “Let’s be clear,” CEO Arthur Sadoun said on the earnings call Thursday. “Q4 organic... Continue reading »
by Alison Weissbrot // February 7th, 2019 //
»
Publicis Blames Weak Q2 On GDPR Confusion

Publicis Groupe’s performance dipped in Q2 as clients pulled programmatic spend in response to GDPR. Organic growth was down 2.1% for the quarter and 0.4% for the half-year. Net revenues for the first half of the year dropped 8.2% to $5 billion. In Europe, net revenues were down 3.6% YoY to $745 million. Overall, Publicis... Continue reading »
by Alison Weissbrot // July 19th, 2018 //
»
Publicis Sees Opportunity In Facebook SNAFUs And GDPR, Despite Unknowns

Despite consumer outrage aimed at Facebook, Publicis Groupe’s sentiment about the platform is status quo. “The impact is not material on our business in the short or medium term,” said Steve King, CEO of Publicis Media, on the holding company’s Q1 2018 earnings call Thursday. “Facebook is a very important partner to us. They have... Continue reading »
by Alison Weissbrot // April 19th, 2018 //
»
Publicis Reveals Strategic Plan With Sapient, Aims For 4% Organic Growth By 2020

Holding companies are in a period of slow growth and organizational upheaval as clients cut spending while demanding new services and business models from their agencies. Of the big six holding companies, Publicis Groupe has undergone the biggest disruption since it purchased Sapient for a whopping $3.7 billion in 2014 and later wrote down the... Continue reading »
by Alison Weissbrot // March 20th, 2018 //
»
Publicis Groupe Trended Upward Through 2017, But Still Faces Headwinds

Publicis Groupe’s massive transformation is starting to pay off – but the business still has a way to go before its new model is complete. The holding company reported earnings on Thursday with organic growth of 2.2%, reaching $3.2 billion for the quarter. Organic growth for all of 2017 was 0.8%, hitting roughly $12 billion.... Continue reading »
by Alison Weissbrot // February 8th, 2018 //
»
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