Sadoun Presents Results for First Time as Publicis Returns to Growth in U.S.
Posted in: UncategorizedPublicis Groupe’s new CEO Arthur Sadoun appeared relaxed as he presented improved quarterly results to analysts for the first time today.
Sadoun took over from predecessor Maurice Lvy who had earned a reputation as a great storyteller during his 30 years in the role on June 1.
Luckily, the new CEO had some encouraging second-quarter numbers to present, with group revenue at $2.89 billion. Organic growth (excluding acquisitions) reached 0.8% in the second quarter, compared to the same period last year. That was a marked improvement over the 1.2% decline in the first quarter of 2017.