By Mathieu Rosemain and Gwénaëlle Barzic PARIS (Reuters) - France's Publicis <PUBP.PA> regained some footing in the third-quarter as the addition of new global clients pulled up sales in what remains a challenging market for traditional advertising groups. The world's third-biggest advertising company said net revenue rose 1.3 percent to about 2.20 billion euros (£1.93 billion), excluding the impact of acquisitions and foreign exchange, in line with market expectations. The performance represents a slight rebound from the unexpected drop in net revenue Publicis faced in the previous quarter because of poor results by the group's U.S. healthcare communications business. The bulk of the revenue loss was at the time blamed on Publicis Health Solutions (PHS), a subsidiary that provides sales resources to clients and which Publicis is now seeking to sell. "We have received several expressions of interest," Chief Executive Officer Arthur Sadoun said, referring to the … [Read more...] about Publicis regains some footing with third-quarter sales
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Does the increasingly global reach of the tech giants require a regulatory watchdog? Ruth Manielevitch, director of business development EMEA at Taptica, says YES. Even Mark Zuckerberg himself has admitted that some regulation of his industry is necessary. A regulatory watchdog would ensure that the activity of Facebook and other tech titans is scrutinised, to make it more transparent and regulate its market power, without stifling innovation. For this type of watchdog to have the opportunity to make a positive and measurable impact, it needs to have a global outlook. We’re seeing a shift in behaviour that means the global media market is no longer managed locally, or even nationally. In Europe, the introduction of GDPR and the growing appetite for enforcement reflects the change in attitudes towards these businesses. But this need for regulation is now expanding far further than the EU, with California, India, and Brazil all announcing similar guidelines to protect consumers. … [Read more...] about DEBATE: Does the increasingly global reach of the tech giants require a regulatory watchdog?
BOSTON--(BUSINESS WIRE)--May 17, 2018--Publicis.Sapient, part of Publicis Groupe [Euronext Paris: FR0000130577, CAC40] and the world’s most advanced digital transformation company, today announced a new partnership with leading robotic process automation (RPA) provider UiPath.With decades of mergers, acquisitions and IT investments, and siloed infrastructures, firms are struggling to evolve their operations to become more client-centric and react to rapidly changing market forces, driven by new technologies, enhanced client and consumer expectations.Numerous challenges have emerged, including incomplete upstream data feeds and a lack of interoperability between core systems, leading to multiple workarounds and manual processes that increase cost and risk of error. As a result, firms dedicate significant amounts of labor to perform repetitive, rule-based efforts, such as managing exceptions.As multiple industries transition to a digital world, RPA will become an inherent part of … [Read more...] about Publicis.Sapient Partners with Leading RPA Firm UiPath, Enabling Business Transformation Through Reduced Integration Overheads, Rapid ROI and Elimination of Manual Processes
By Mathieu Rosemain PARIS (Reuters) – France’s Publicis <PUBP.PA> on Thursday posted better-than-expected growth in underlying sales in the first quarter, driven by the rebound of it North American activities. The world’s third-biggest advertising group said net revenue amounted to 2.08 billion euros (£1.8 billion) over the period, reflecting organic growth, or change excluding the impact of acquisitions and foreign exchange, of 1.6 percent. This beat a Reuters poll forecast of growth of 0.94 percent and Chief Executive Arthur Sadoun said it bolstered his confidence in Publicis’ strategic plan. The ad industry has been hit by shockwaves such as the sudden exit of the boss of bigger rival WPP <WPP.L> last weekend. “The challenge for us it to continue to deliver financially while accelerating our transformation,” Sadoun said in a briefing with reporters. “We remain extremely cautious because the market environment remains … [Read more...] about Publicis beats first-quarter growth expectations on North American rebound
First Quarter 2018 RevenueApril 19, 2018First QuarterArthur Sadoun, Chairman and CEO of Publicis Groupe:"The first quarter of 2018 was a very intense period for Publicis Groupe. We had three objectives. Firstly, to continue to deliver solid performance while we transform ourselves. Secondly, to demonstrate the attractiveness of our model through our ability to convert pitches into wins. Lastly, to present our strategy and execution plan "Sprint To The Future" to our teams, our clients, and to the financial community. Overall, the outcome on each of these three objectives has been positive, sometimes beyond our own expectations, making this quarter a key milestone in our transformation journey.In terms of performance, our net revenue () grew organically by +1.6% in the first quarter. This is a satisfying result as it is a much better start than last year (first quarter 2017 was -1.2%). As we pointed out when we released our annual results, we were … [Read more...] about Publicis Groupe: First Quarter 2018 Revenue