Latin America: Organic growth in the region has been mostly generated by Argentina, Venezuela and Colombia. The good performance achieved by PWW and Saatchi & Saatchi in Brazil are also noteworthy.
Africa and Middle East: As elsewhere, growth declined, but to a lesser extent and revenue, thanks to Leo Burnett, the Group's media business and the growth of VivaKi remained stable.
Publicis Groupe at September 30, 2009
- Revenue at September 30, 2009
Consolidated revenue in the first nine months of 2009 was 3,256 million euro, down by 2.3% from the 3,332 million reported in 2008.
PHCG (Healthcare activities) showed improvement, almost stable compared to the previous year thanks to PMD (Personal Message Delivery). Events and Public Relations show a very severe decline. A reorganization program has been initiated to ensure the relaunch of these activities as soon as the market takes off again.
With the advertising market contracting by roughly 13% according to current estimates, organic growth contraction for Publicis Groupe was limited to 6.9%.This figure is attributable to the overall economic environment, was amplified by the Chapter 11 process at General Motors. Decline was limited thanks to the 5.5% organic growth achieved in digital communications.
- Revenue breakdown by geographic area at September 30, 2009, year-on-year: (in millions of Revenue Organic Growth euros) September 30, September 30, 2009 vs 2008 2009 2008 Europe 1,096 1,284 -10.9% North America 1,549 1,423 -4.2% Asia-Pacific 352 367 -9.6% Latin America 167 174 -0.3% Africa & Middle 92
|SOURCE Publicis Groupe Services|
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