French communications group Publicis announced yesterday its financial results for the first quarter of 2007. Thus, revenues came to 1,06 billion EUR in the first three months, showing a rise of 6.5% from the same period of 2006, according to NewsIn. For 2007, the company expects a 5% organic growth, with progressive acceleration as the year unfolds, and an operating margin of 16.7% in 2008.
The Integration of Digitas (US) is making optimum progress, the newly acquired company fulfilling all its promise for growth the first quarter with revenue on a comparable basis at USD 113 million and organic growth at 16.8%. Pubclicis has also acquired Chinese marketing services agency Yong Yang and The McGinn Group (US), specialized in corporate communications and Pharmagistics (US), a healthcare communications business.
Publicis Groupe is the world"s fourth largest communications group, as well as world"s second largest media counsel and buying group. With activities spanning 104 countries on five continents, the Groupe employs approximately 42,000 professionals.
The company operates in Romania through Publicis Romania, Leo Burnett & Target, Saatchi & Saatchi, Opti Media, Zenith Media, Starcom and Starlink. Thegroup has clients such as Altex, BRD and Ursus Breweries.