Publicis not targeting Aegis companies for acquisition following Q2 revenue growth
Publicis Group has announced a growth in revenue for the second quarter o this year tof 2.7%.
The group, headquartered in Paris, has said that the 2.7% rise brought its sales to €1.41 billion for the second quarter of 2011 and that it is on track to reach its full-year target having ‘exceeded forecasts’ according to chief executive Maurice Levy.
The first half of 2011 saw Publicis record an increase in net income to €231 million while revenue rose 6.3% to €2.70 billion.
Levy also admitted to the Wall Street Journal that the group would continue to hunt for acquisitions but was not looking to UK rival Aegis Group to do so, with China a more attractive market place.