Publicis Groupe : 2014 3rd Quarter Revenue
(Thomson Reuters ONE) -
Publicis Groupe :
2014 Q3 Revenue
3(rd) Quarter 2014
(EUR million)
+--------------------------------------------------+
| Revenue: 1,748 |
| |
| |
| |
| Reported growth: 4.4% |
| |
| |
| |
| Organic growth: 1.0% |
+--------------------------------------------------+
At September 30, 2014 (first ninemonths)
(EUR million)
+--------------------------------------------------+
| Revenue: 5,106 |
| |
| |
| |
| Reported growth: 1.6% |
| |
| |
| |
| Organic growth: 1.5% |
+--------------------------------------------------+
Maurice Lévy, Chairman and CEO of Publicis Groupe:
"Organic growth has slightly picked up compared to the second quarter of 2014
but does not match our expectations.
There are a number of factors behind this, mainly the fact that management was
too focused on other plans and not enough on the short-term performance and
growth.
We are at the end of this cycle and very confident in the future. Very important
decisions have been made including management teams and organization.
There are much positive news that testify to the vitality of the Group and are
very encouraging. Starting with digital, which now accounts for 42% of our
revenue and is growing by more than 9%, as well as the great victory of the
Samsung competition.
Our clients will be confronted with the shock wave of the digital transformation
on their business models. We are ready to provide them with the innovative
services that will drive them into the future.
The end of this year will not be very different from the first nine months, but
we are confident in our ability to deliver a good level of profitability and are
working on our 2018 plan that will soon be presented to investors."
I - Revenue
* 3(rd) Quarter 2014
Publicis Groupe reported consolidated revenue of 1,748 million euro for Q3
2014, i.e. a 4.4% increase in Q3 2013. Exchange rates adversely impacted revenue
by 4 million euro between Q3 2013 and Q3 2014. Revenue growth would have been
4.6% had exchange rates remained constant.
Organic growth of 1.0% was a reflection on the contracting global economy,
particularly in certain emerging markets, as well as weak performance in Europe,
in a very difficult geopolitical and economic environment, and on a temporary
setback from Razorfish.
- Q3 2014 revenue by region
(EUR million) Revenue Organic Reported
growth growth
-----------------------------------------------------------------------
Q3 2014 Q3 2013 Q3 2014 Q3 2014 / Q3 2013
-----------------------------------------------------------------------
Europe* 499 469 -0.5% +6.4%
North America 866 825 +1.5% +5.0%
BRIC+MISSAT** 222 217 +0.6% +2.3%
Rest of the world 161 164 +3.1% -1.8%
-----------------------------------------------------------------------
Total 1,748 1,675 +1.0% +4.4%
*Europe excluding Russia and Turkey
**MISSAT: Mexico, Indonesia, Singapore, South Africa and Turkey
- Organic growth was +1,0% in Q3, a performance which remains weak due to
advertisers downsizing their investments as a result of sluggish global economic
growth, and to a poor patch at Razorfish.
- Europe, excluding Russia and Turkey posted fractionally negative growth
(-0.5%) in Q3, with contrasting situations from one country to another. Central
and Eastern European countries show +4.1% growth (Poland at +21.3%). Growth
recorded in France (+2.8%), Germany (+3.8%) and Northern Europe (+3.8%) is also
worth mentioning. Conversely, the UK (-2.6%), Southern Europe
(-3.8%) and other European markets had a negative impact on overall performance.
- North America achieved +1.5% hit by difficulties linked to evolutions
at Motorola and Blackberry, the downsizing of investments by several large
advertisers, and most of all, the underperformance from Razorfish.
- The BRIC and MISSAT countries posted weak overall growth (+0.6%), with
negative growth in the Greater China region (-1.6%) and Brazil (-0.6%). India
shows +5.9% growth.
- The Rest of the world returned growth of +3.1%.
* Revenue at September 30, 2014 (first nine months)
Publicis Groupe's consolidated revenue at September 30, 2014 stood at 5,106
million euro, i.e. up 1.6% on the corresponding period in 2013. Exchange rates
adversely impacted revenue by 152 million euro.
Revenue growth would have been 4.8% had exchange rates remained constant.
Expressed in USD, revenue for the first nine months amounted to 6,919 million
USD, i.e. a 4.5% increase.
Organic growth at September 30, 2014 (first nine months) stood at +1.5%.
- Revenue at September 30, 2014 by region (first nine months)
(EUR million) Revenue Organic Reported
growth growth
------------------------------------------------------------------------
Sep. 30, 2014 Sep. 30, 2013 Sep. 30, 2014 2014 / 2013
------------------------------------------------------------------------
Europe* 1,504 1,439 -0.4% +4.5%
North America 2,503 2,455 +2.3% +2.0%
BRIC+MISSAT** 634 651 +0.5% -2.6%
Rest of the world 465 481 +4.7% -3.3%
------------------------------------------------------------------------
Total 5,106 5,026 +1.5% +1.6%
*Europe excluding Russia and Turkey
**MISSAT: Mexico, Indonesia, Singapore, South Africa and Turkey
For the record, revenue was 1,597 million euro in Q1 2014, and 1,761 million in
Q2 2014, i.e. organic growth of +3.3% and +0.5% respectively.
Despite the temporary woes of Razorfish, digital activities confirmed the trend
of generating an ever-increasing share of revenue. At September 30, 2014,
digital activities thus accounted for 41.6% of the Groupe's total revenue after
37.6% in 2013, achieving organic growth of +9.1% over the first nine months,
including +9.6% in Q3 alone.
The dynamics of our digital operations are strong worldwide, despite
disappointing growth in the USA due to developments with two major accounts
(Motorola and BlackBerry) that have had a negative bearing on the performance of
Razorfish. However, despite this recent sharp decline, the latter's potential
remains undiminished.
More fundamentally, though the growth rate is high, the volume of digital
business does not yet offset the marked decline of other analog activities (-
3.1% over the first 9 months of the year).
The breakdown of revenue between digital and analog activities was as follows
for the first nine months:
+---------+---------+---------------+-------------+-------------------+-------+
| | Europe* | North America | BRIC+MISSAT | Rest of the world | Total |
+---------+---------+---------------+-------------+-------------------+-------+
| Digital | +9.8% | +5.1% | +31.4% | +45.2% | +9.1% |
+---------+---------+---------------+-------------+-------------------+-------+
| Analog | -5.0% | -0.7% | -4.4% | +3.7% | -3.1% |
+---------+---------+---------------+-------------+-------------------+-------+
| Total | -0.4% | +2.3% | +0.5% | +4.7% | +1.5% |
+---------+---------+---------------+-------------+-------------------+-------+
*Europe excluding Russia and Turkey
**MISSAT: Mexico, Indonesia, Singapore, South Africa and Turkey
It has become clear that the transition from analog to digital is gathering
pace, thus justifying, if need be, the Groupe's strategy of becoming a key
player in digital.
Revenue generated in the high-growth countries accounted for 23% of total
revenue (versus 24.1% in 2013), i.e. organic growth of +2.1%. This relative
stagnation was mainly due to the slowdown in certain economies (China, Brazil)
as they adjusted to the slowing of the global economy.
The breakdown of consolidated revenue by activity was as follows over the first
nine months of 2014: digital activities 41.6% (37.6% in 2013), advertising
28.8% (28.6% in 2013), the SAMS 15.4% (after 17.1% in 2013), and media 14.2%
(16.7% in 2013).
II - Net debt
At September 30, 2014, net debt stood at 93 million euro, compared to 550
million euro at September 30, 2013.
The Groupe's average net debt over the first nine months of 2014 was a cash-
positive position of 66 million euro, compared to an average net debt of 584
million euro for the corresponding period in 2013.
At September 30, 2014, the Groupe had 2,690 million euro in available
liquidities.
III - Highlights of the period
External growth
Acquisitions in Q3
- Crown Partners in the USA is an e-business specialist with a full range
of services aimed at developing e-commerce and online content. Crown Partners
will be aligned with Razorfish to
further accelerate the agency's strong leadership and growth in commerce,
marketing
and content technology platform-related services.
- Salterbaxter, the UK-based international consultancy firm is renowned
for its expertise in sustainability strategy and communications. It will be
aligned with Publicis Groupe's worldwide strategic communications organization,
MSLGROUP, thus reinforcing the network's expertise in citizenship and
institutional brand communications.
- Cybermedia, parent company of Proximedia, the leading web services
provider for SMEs in Belgium and the Netherlands. This acquisition will
accelerate the development of Publicis Webformance, the in-house start-up
launched in France in 2011.
- Investment in AG Partners, the PanAfrican communications network that
will reinforce Publicis Worldwide.
- Lead2Action, Mexico's leading digital agency, which will join Publicis
Mexico to contribute to the country's digital transformation.
- Turner Duckworth, brand design and strategy agency in the USA, will be
aligned with Leo Burnett, underscoring the importance attached to design and
creativity in the network's offering.
- Nurun, an independent global agency specialized in technology, a
subsidiary of Quebecor Media in Canada. Nurun's specialties include IT
innovation, integration and maintenance across the following areas: design
research, digital products, service design, transactional platforms, user
interfaces and post-PC ecosystems.
- Ambito5, a leading social media agency in Italy, which will consolidate
Saatchi & Saatchi Italy's leadership in creativity and digital services.
- Acquisition of three of South Africa's leading agencies across a broad
range of specialties: BrandsRock, the industry leader in brand engagement which
will be aligned with Saatchi & Saatchi, Liquorice, one of the country's leading
digital marketing agencies which will reinforce DigitasLBi's global cover thanks
to its unparalleled know-how in marketing and technology in the fast-growing
region of southern Africa, and MACHINE, the award-winning integrated agency that
will be aligned in Publicis Worldwide, boosting its digital capacity to help
clients in the transition to digital.
* Other transactions in Q3
* Publicis Groupe and Adobe entered into a strategic partnership to
deliver the Publicis Groupe Always-On Platform(TM), the first end-to-end
marketing management platform from Publicis Groupe that automates and
connects all components of a client's marketing efforts. This unique
platform will standardize on Adobe Marketing Cloud, and for the first
time in the industry all agencies across Publicis Groupe will be able to
create engaging content, access marketing intelligence, identify and
build audience segments, deliver campaigns, and track and measure
marketing performance through a unified technology and data structure.
Available to all agencies in the Publicis Groupe network, the platform
will be anchored in VivaKi.
* AOL and Publicis Groupe extended their partnership to programmatic video
and linear TV. The extension of this partnership, entered into six
years ago, will provide VivaKi, and effectively all agencies inside
Publicis Groupe, greater access to premium video environments through
AOL Platforms.
Financial transactions
- 2018 Oceane bonds
Of the 559,278 Oceane bonds (2018) in existence at December
31, 2013, 554,604 were tendered for conversion in December 2013 and January
2014. Accordingly, 562,921 Publicis shares were delivered in January 2014. The
remaining 4,674 bonds were redeemed in cash at a unit price of 48.74 euro, also
in January 2014.
* Equity warrants
The equity warrants issued in 2002 have been exercisable since September
24, 2013. A total of 2,757,571 equity warrants were exercised in 2013, giving
rise to the issuance of 2,798,937 new shares. During the first nine months of
2014, a further 639,484 warrants were exercised, giving rise to the issuance of
649,076 new shares. At September 30, 2014, the total number of equity warrants
still in circulation was 2,205,644 and they can be exercised until 2022.
IV - Recent events
* Investments / Acquisitions
* Publicis Groupe has acquired 20% of the capital of Matomy Media Group Ltd.,
the world's leading digital performance-based advertising company, at 227
pence per share. In addition, Publicis Groupe has been granted an
irrevocable option to acquire a further 4.9% of Matomy's shares. Digital
performance-based advertising is one of the most complex facets of online
marketing, and requires a deep understanding of customer behavior and
acquisition in the digital age.
* Following on its recent partnership agreement with Adobe, Publicis Groupe
has acquired 3|SHARE. Based in San Diego (USA), 3|SHARE is an expert and
partner in Adobe's Business Plus Level Solutions and has established itself
as a recognized leader in North America for the implementation of digital
marketing solutions. 3|SHARE will boost DigitasLBi's ability to deliver and
manage Adobe technology.
V - Outlook
For the first nine months of the year, Publicis Groupe's growth stands at 1.5%.
For the full year 2014, the Groupe expects a level of growth not very different
from the first nine months. As is the case every year, the fourth quarter is
subject to the usual end-of-year uncertainties.
In a world in which clients grapple with the upheaval brought about by the
increasing pace of innovation and the transformation of their companies to
digital technology, Publicis Groupe clearly intends to be the partner of choice.
This is what is at stake as we revise the 2018 strategic plan with its
investment strategy aimed at strengthening the Groupe's presence in the sectors
with the brightest future and the highest growth. We will be providing further
details on November 7 (TBC).
Publicis Groupe confirms its growth objective of +100 basis points by 2018 and
its margin objective of at least +200 basis points.
* This presentation contains forward-looking statements. The use of the words
"aim(s)," "expect(s)," "feel(s)," "will," "may," "believe(s)," "anticipate(s)"
and similar expressions in this presentation are intended to identify those
statements as forward-looking. Forward-looking statements are subject to risks
and uncertainties that could cause actual results to differ materially from
those projected. You should not place undue reliance on these forward-looking
statements, which speak only as of the date of this presentation. Other than as
required by applicable securities laws, Publicis Groupe undertakes no obligation
to publish revised forward-looking statements to reflect events or circumstances
after the date of this presentation or to reflect the occurrence of
unanticipated events. Publicis Groupe urges you to review and consider carefully
the various disclosures it has made concerning the factors that may affect its
business, including the disclosures made under the caption "Risk Factors" in the
2011 Registration Document filed with the French financial markets authority
(AMF).
About Publicis Groupe
Publicis Groupe [Euronext Paris FR0000130577, CAC 40] is one of the world's
leading communications groups. The Groupe offers a full range of services and
skills: digital (DigitasLBi, Razorfish, Rosetta, VivaKi, Nurun), advertising
(BBH, Leo Burnett, Publicis Worldwide, Saatchi & Saatchi), public affairs,
corporate communications and events (MSLGROUP), media strategy, planning and
buying (Starcom MediaVest Group and ZenithOptimedia), healthcare communications,
with Publicis Healthcare Communications Group (PHCG), and finally, brand asset
production with Prodigious. Present in 108 countries, the Groupe employs more
than 63,000 professionals.
www.publicisgroupe.com | Twitter: (at)PublicisGroupe | Facebook:
www.facebook.com/publicisgroupe | LinkedIn: Publicis Groupe |
http://www.youtube.com/user/PublicisGroupe |
Viva la Difference!
Contacts
Publicis Groupe
Peggy Nahmany Corporate Communications + 33 (0)1 44 43 72 83
Martine Hue Investor Relations + 33 (0)1 44 43 65 00
Stéphanie Constand Investor Relations + 33 (0)1 44 43 74 44
Appendix
New Business
Q3 2014
Main accounts awarded
BBH/NEOGAMA
Ladbrokes (UK), Rugby World Cup (UK), Piaggio/Vespa (UK), Clipper Teas (UK),
British Airways (UK), Viber (India), Piaggio Vehicles Pvt.Ltd. - Vespa (India),
Kraft (UK).
DigitasLBi
Puma (USA), Kao Worldwide (USA), AstraZeneca (USA), NYSE Euronext (USA), Aetna
(USA), American Express (USA), Children's Healthcare of Atlanta (USA), Memorial
Sloan Kettering (USA), Pitney Bowes (USA), Renault (UK), Nissan (UK), WorldPay
(UK), Clarins (Singapore), Arte (France), The Glenlivet (UK), Boston Properties
(USA), Klepierre (France), Lenovo (China), UGG (UK).
Fallon
SKODA Auto (UK), Alzheimer's Society (UK).
Leo Burnett
Honda (Australia), MBT Footwear (Singapore), Diesel & Motor Engineering Co -
Tata e-Xeta (Sri Lanka), Kelsey Developers (Sri Lanka), Diesel & Motor
Engineering Co - Mercedes Service Center (Sri Lanka), Woolworths (Australia),
Chartered Accountants of Sri Lanka (Sri Lanka), Sri Lanka Neurologists
Association (Sri Lanka), Banco Security (China), Indofood Pompie Noodles and
Chitato Chips (Indonesia), Bank of the Philippine Islands (BPI) (Philippines),
President Coffee (Taiwan), Unibet (Australia), Diageo Brand Consolidation
(Australia), MAA TV (India), Maxis (Malaysia), Cotton Collection (Sri Lanka),
Etisalat Telecommunications (Sri Lanka), Diageo Media Strategy (Australia),
Ajinomoto Foods (Brazil), Lumala Group - Solid Solar Bicycles (Sri Lanka), NSPCC
(UK), McDonald's Brand Refresh (USA), Detroit Institute of Arts (USA),
Ukrtelecom (Ukraine), Arla Foods Lurpak Butter (UK), Samsung (Global), Camil -
All Brands (Brazil), McDonald's (Germany), Cairn Energy (India), Sri Lanka
Airlines - Launch of A330-300 (Sri Lanka).
MSLGROUP
Huawei Mobile (China), True Green (USA), Deezer, (Brazil), Friends Provident
International (Hong Kong), Toshiba Semiconductor (Taiwan),
PricewaterhouseCoopers (Taiwan), Pfizer (India), Trident - Concorrência de fee
(Brazil), Sanofi (Singapore), United Technologies Corporation (Singapore),
Générale de Santé (France), Amplificação (Brazil).
Publicis Worldwide
Aviano Jewels GmbH (Germany), Bongrain (Italy), Akzonobel (Italy), Nestle
(Turkey, Mexico, Brazil, Philippines), TOKSOZ GIDA (Turkey),Boehringer (Mexico),
Azul Airlines (Brazil), Belupo (Croatia), Zewa (Croatia), Amstel (Croatia),
Young Care (Australia), Stream Co (Australia), Asia Brewery (Philippines), Intel
(Malaysia), IP (Italy), KKB (Turkey), Sanofi (Turkey, Indonesia), SAT - Hacienda
(Mexico), BMW (Mexico), Toyota (Brazil), FK Gardner & Sons (Australia), National
Tiles (Australia), ING (Turkey), Barcel (Mexico), Rogers (Canada), SiMobil
(Slovenia), Battery World (Australia), QTAFE (Australia), Sydney Airport
(Australia), Pfanner (Czech), Kofola (Czech), Fast Retailing (France), Samsung
(France), Patura KG (Germany), Bund für Umwelt & Naturschutz (Germany),
Sheltered Housing (Azriely) (Israel), Alkaloid (Macedonia), Ergo Hestia
(Poland), Nestle Waters Naleczowianka (Poland), Las Vegas Sands (USA), Nestle
Beneful (USA), Macaé City Hall (Brazil), Pet Center Marginal (Brazil), Clalit
HMO (Israel), IDEA (Institute for the Energy saving and diversification)
(Spain), Canada Goose (UK), Vale.com (Brazil), Reckitt Benkiser (France),
Umweltarena (Switzerland), Cuauhtemoc/Sol (Mexico), Orange (Switzerland),
Nestlé/Baby Food (Mexico), Nestlé/Maggi (Mexico) Nestlé/PPP (Mexico), Barcel
(Mexico), ANZ (Australia), Asteron (Australia), Baker's Delight (Australia),
Beck (Australia), Fairfax (Australia), Federation University Australia
(Australia), Guild Super (Australia), Melbourne City Mission (Australia), Stroke
Foundation (Australia), Thankful (Australia), Winephoria (Australia), British
Gas (Australia), BPCE (France), Microsoft (Italy), State Lottery (Spain),
Ferrero Rocher (UK), Red Lobster (USA), Australia Zoo (Australia), Cooper Tires
(Australia), Barangaroo (Australia), BRF (Brazil), Linde AG (Germany),
Boehringer/Lonol (Mexico), Heineken (Switzerland), 22seven (South Africa),
Nestlé/Purina (Argentina)
Saatchi & Saatchi
Peroni (Italy), Mamee Double Decker (Malaysia), Ferrarelle (Italy), Roominate
(USA), Direct Line (UK) , FCA (UK), Virgin Active (Thailand), Caesars
Entertainment - CSR Brief (USA), Fincantieri (Italy), Mondelez International -
Cadbury consolidation (Australia), Garena Gaming: Fifa Online 3 / 555 / Café
Thai (Thailand), Huawei: Honor 3C (first project) (Thailand), Mutti - Cooking
sauces (Italy), Booja Booja (SSX UK), Merck (SSX UK), SKODA Auto (Fallon UK),
Alzheimer's Society (Fallon UK), AA digital (Saatchi & Saatchi Synergize South
Africa), Clickatell digital (Saatchi & Saatchi Synergize South Africa), Marie
Curie (UK), CODA Energy (USA), Jackson Family Wines (USA), Petra Foods -
SilverQueen & Top (Singapore/South East Asia), Vita Coco (USA), Rekorderlig
(UK/Global), Heineken - Tecate (USA), KP SABMiller - Tyskie (Poland), Sands
China (Greater China), Philippine Airlines (Korea), Schott Ceran (Korea).
Starcom MediaVest Group
Acromas (AA and SAGA) (UK), Cartoon Network (France), GEMB (Czech), SkyScanner
(UK), Tripple Three (Thailand), Warner Music (UK), Wing Tai Limited (Singapore),
Autobutler (Sweden), Leroy Merlin (Poland), McCormick (EMEA), Muller/Lisner
(Poland), Quiksilver (Global), Statoil Fuel & Retail (Nordics & Eastern Europe &
EMEA), AIA (Hong Kong), Bokadirekt.se (Sweden), Mondelez (Canada), Tourism
Trentino (Italy), Choose Chicago (USA), Coca Cola (Argentina), Humanitas
(Italy), Medtronic (Australia), Fincantieri (Italy), Yoox (Italy), Red Lobster
(USA), Ministry of Finance / Tax Authority (Netherlands), Valeant - Polfa
Rzeszow (Poland), Asics (Global), Electronic Arts (USA), Starbucks (USA), Air
New Zealand (Singapore), Car2Go (Denmark), Desigual (EMEA), Diageo (Australia),
P&O Ferries (EMEA), Procter & Gamble (Turkey), FreshBooks (Canada), Guitar
Center (USA), Skyscanner PPC (UK), Airbnb (Global).
ZenithOptimedia
Nestle (Philippines), Rabobank (Australia), Scoot (Asia Regional), Majid Al
Futtaim Properties (UAE), Wyeth (Philippines), PUIG (France), Velvet Care
(Poland), Zabka (Poland), Wawel (Poland), The European Comission (Armenia), SCA
(Croatia, Georgia, Armenia), Niko (Ukraine), KIA (Belarus), Agro Sevilla
Aceitunas (Armenia), Ipek Kagit (Armenia), Sands (China), Reckitt Benckiser
(UAE), Deoleo (Spain), Hunan Mobile (China), Triodos Bank (Spain), Union Pay
(Hong Kong), Famisanar (Colombia), Promotora Karmairi (Colombia), Ulker
(Georgia), Ergopack (Belarus), Caracol Tv (Colombia), Telefónica (UK, Germany,
Spain, Argentina), Metro PCS (USA), Electrolux (USA), Molson Coors (UK), Crédit
Foncier (France), ADAC e.V. (Germany), Pakmaya (Turkey), Aksa Elektrik (Turkey),
Mogo.ge (Georgia).
2014 Press Releases
01-09-2014 Publicis Groupe and Omnicom receive unconditional clearance from
the European Commission
01-10-2014 Publicis Groupe half-year financial statement liquidity contract
01-10-2014 Publicis Groupe acquires Qorvis Communications
01-16-2014 Rosetta Chairman, Founder Chris Kuenne steps down
01-21-2014 Publicis Groupe acquires leading South African media agency AML
01-30-2014 Publicis Groupe acquires 51% of leading independent Indian
advertising agency Law & Kenneth
02-13-2014 2013 Full Year Results
02-25-2014 Publicis Groupe acquires Lighthouse Digital, digital media
agency in South Africa
03-06-2014 Publicis Groupe acquires Hawkeye, a data driven integrated
digital agency in the US
03-20-2014 Publicis Groupe receives Randstad Award for "Most attractive
employer" in the service sector in France
04-23-2014 Precision about Omnicom and Publicis's merger
05-09-2014 Supervisory Board of May 8, 2014
05-09-2014 Publicis and Omnicom agree to terminate proposed merger of
equals
05-28-2014 Publicis Groupe Combined General Shareholder's meeting 2014
06-09-2014 Overview of the share buyback program authorized by shareholders
at their Combined Ordinary and Extraordinary General Meeting of May 28, 2014
06-12-2014 Publicis Groupe sells its stake in royalties to its founders
06-26-2014 Publicis Groupe launches Roar, a full-service digital agency
07-01-2014 Publicis Groupe acquires leading eBusiness firm Crown Partners
07-03-2014 Publicis Groupe acquires UK-based Salterbaxter
07-07-2014 Publicis Groupe half-year financial statement liquidity contract
07-08-2014 Publicis Groupe creates a leading European digital
communications hub with acquisition of Proximedia
07-10-2014 Publicis Worldwide expands its digital expertise in the Latin
American and African markets with three key moves
08-04-2014 Publicis Worldwide acquires a stake in Asia's fastest growing
digital network
08-11-2014 Publicis Groupe files its 2014 Half-Year Financial Report
09-02-2014 Publicis Groupe acquires Nurun, global design and technology
consultancy, subsidiary of Quebecor Media
09-08-2014 Publicis Groupe acquires Turner Duckworth
09-10-2014 Adobe and Publicis Groupe team up to deliver first always-on
global marketing platform
09-16-2014 Publicis Groupe Conseil de Surveillance announces
09-26-2014 Publicis Groupe acquires Zweimaleins to create « Saatchi &
Saatchi Pro », a new B2B agency in Germany
09-29-2014 AOL and Publicis Groupe to expand global advertising partnership
into programmatic video and linear TV
09-30-2014 Publicis Groupe acquires Italy's leading social media agency,
Ambito5
Glossary
Net financial debt (or net debt): equals the long and short term financial debt
plus associated derivatives fair value, less cash and cash equivalent
Average net debt: average of average monthly net debt.
Net new business: this figure is derived not from financial reporting but from
estimated media-marketing budgets based on annual business (net of losses) from
new and existing clients.
Operating margin: The operating margin is equal to the revenue after deduction
of personnel expenses, other operating expenses (excluding non-current income
and expenses), depreciation and amortization (excluding intangible arising from
acquisitions).
Operating margin rate: operating margin/revenue.
Organic growth calculation
+------------------------------+-----+-----+-----+ +---------------------------+
| | | |Sept.| | Currency Impact |
| (EUR million) | H1 | Q3 | YTD | | (EUR million) |
| | | | | | Q3 |
| | | | | +----------+-----+----+-----+
| | | | | | | H1 | Q3 | YTD |
|2013 Revenue |3,351|1,675|5,026| | | | | |
| | | | | +----------+-----+----+-----+
|Currency impact((2)) |(148)| (4) |(152)| |GBP((2)) | 10 | 11 | 21 |
| | | | | +----------+-----+----+-----+
|2013 Revenue at 2014 exchange |3,203|1,671|4,874| |USD((2)) |(66) | - |(66) |
|rate((a)) | | | | | | | | |
| | | | | +----------+-----+----+-----+
| | | | | |Others( |(92) |(15)|(107)|
| | | | | |(2)) | | | |
+------------------------------+-----+-----+-----+ +----------+-----+----+-----+
|2014 Revenue before |3,260|1,688|4,948| |Total |(148)|(4) |(152)|
|acquisitions((1) (b)) | | | | | | | | |
| | | | | +----------+-----+----+-----+
|Revenue from acquisitions((1))| 98 | 60 | 158 |
| | | | |
|2014 Revenue |3,358|1,748|5,106|
| | | | |
|Organic Growth (b/a) |+1.8%|+1.0%|+1.5%|
| | | | |
+------------------------------+-----+-----+-----+
1. Acquisitions (LBI, Convonix, Netalk, Neev, BosZ, Espalhe, Engauge, Poke,
TPM, ZO Romania, Interactive Solutions, ETO, Heartbeat, Verilogue,
Synergize, Walker Media, Beehive, Prima, ZO South Africa, Lighthouse,
Polarix, Owen Kessel, Qorvis, L&K India, Hawkeye, Lead 2 action, Salter
Baxter, Crown, Proximedia, Ambito 5, Liquorice, Nurun, Turner Duckworth) net
of disposals.
(2) Average exchange rate 2014: 1 EUR = 1.355 USD - 1 EUR = 0.812 GBP
Average exchange rate 2013: 1 EUR = 1.317 USD - 1 EUR = 0.852 GBP
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originality of the information contained therein.
Source: Publicis Groupe via GlobeNewswire
[HUG#1865072]
Unternehmensinformation / Kurzprofil:
Datum: 23.10.2014 - 07:30 Uhr
Sprache: Deutsch
News-ID 346316
Anzahl Zeichen: 36514
contact information:
Town:
Paris
Kategorie:
Business News
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"Publicis Groupe : 2014 3rd Quarter Revenue"
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