Publicis jumps over 14% on H1 revenue growth

Thursday, 23. July 2020 11:32

Shares of Publicis Groupe surged over 14% on Thursday after the company reported positive financial results for the first half of the year.

Publicis' revenue yearly grew by 8.4% to reach €5.28 billion, while its headline diluted earnings per share slipped 11.6% to land at €1.75. Chief Executive Arthur Sadoun previously revealed that Publicis like-for-like sales dropped 12% in the second quarter as a result of the Facebook ads boycott.

The company's stocks jumped 14.15% to sell for €30.48 per share at 11:31 am CET.

Related Links: Publicis Groupe SA
Author:
Breaking the News / ND