Publicis Beats Expectations, But Outlook Is as Expected -- Market Talk

Dow Jones

2025/02/04

1106 GMT - Publicis Groupe beat expectations once again in 4Q, but its guidance for the year ahead is in line with expectations, UBS analysts say in a research note. The French advertising group reported net revenue organic growth of 6.3% for 4Q, ahead of both consensus expectations and the company's guidance, UBS says. This is likely to be well received by the market, the analysts say. However, Publicis's outlook seems unlikely to prompt major changes to consensus estimates, according to UBS. Shares rise 2.8% to 105.10 euros, trading near record highs reached last year. (adria.calatayud@wsj.com)

(END) Dow Jones Newswires

February 04, 2025 06:06 ET (11:06 GMT)

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