Publicis Groupe Reports 2019 Full Year Results
Publicis Groupe announced a 9.3% increase in reported net revenue for the full year 2019, supported by Epsilon's contribution in the second half. Organic growth was -2.3%.
Publicis Groupe has reported its full-year financial results for 2019, showing a 9.3% rise in reported net revenue. The company's acquisition and integration of Epsilon significantly contributed to the revenue growth in the latter half of the year.
Despite the overall revenue increase, the company's organic growth stood at -2.3%, which aligns with previous guidance provided in October. Operating margin improved to 17.3%, reflecting approximately €100 million in additional investments in talent.
Diluted earnings per share reached €5.02, an 8.2% increase from the previous year. Free cash flow also saw an 8.2% rise, totaling nearly €1.3 billion. Publicis Groupe highlighted its position as the number one agency in new business wins for the second consecutive year.
The company reaffirmed its outlook for 2020. As of 2019, Publicis Groupe employed around 114,000 professionals across more than 100 countries, focusing on transforming clients' marketing and digital businesses.