Publicis Groupe : Third Quarter 2025 Revenue

Core Insights - Publicis Groupe reported a very strong Q3 2025 with organic growth of +5.7%, exceeding expectations and significantly outperforming peers by approximately 700 basis points [1][7][10] - The company upgraded its full-year 2025 organic growth guidance to a range of +5.0% to +5.5%, driven by sustained demand for AI capabilities [9][32] Q3 2025 Financial Performance - Net revenue for Q3 2025 was €3,529 million, up from €3,423 million in Q3 2024, with reported growth of +3.1% [3][11] - The organic growth of +5.7% in Q3 2025 was supported by strong performance in Connected Media and AI-led products [8][12] Year-to-Date Performance - For the first nine months of 2025, net revenue reached €10,681 million, reflecting an organic growth of +5.5% [5][20] - The company experienced a positive impact from acquisitions amounting to €268 million, while currency fluctuations negatively impacted revenue by €243 million [20][23] Regional Performance - North America showed strong organic growth of +7.1%, driven by high single-digit growth in Connected Media and mid-single-digit growth in Intelligent Creativity [15][16] - Europe reported organic growth of +2.8%, with the U.K. achieving +10.7% organic growth, while France and Germany faced challenges due to delayed spending [16][18] - Latin America experienced robust organic growth of +9.6%, supported by both Connected Media and Intelligent Creativity [19] Strategic Outlook - The company is confident in its ability to outperform the industry in 2026, with net new billings for the first nine months of 2025 already matching the total for 2024 [11][31] - Publicis Groupe is committed to enhancing its AI capabilities and investing in talent and new business, while maintaining an industry-leading operating margin slightly above 18% [9][33]