Publicis Groupe operating margins rise 9.3%

Publicis Groupe has reported a 9.3% increase in operating margins in its annual revenue for 2007 but its underlying growth has failed to meet expectations. However, the company says it has exceeded expectations for the period.

It says that the dip in underlying revenue was caused by a slowdown in its US healthcare division. Revenue rose by 6.5% to $6.8m (£3.45m) for the year, which is a 3% increase in organic growth.

The company, the world’s fourth biggest advertising group, says that marketing services, including direct marketing, and digital now account for 36% of revenue, up from 23% three years ago.

Maurice Levy (pictured), Publicis chief executive and chairman, says that the coming year presents some challenges due to the slowdown in the US economy but added that the Beijing Olympics offer some opportunities.

Latest from Marketing Week

NOT REGISTERED? IT'S FREE, QUICK AND EASY!

Access Marketing Week’s wealth of insight, analysis and opinion that will help you do your job better.

Register and receive the best content from the only UK title 100% dedicated to serving marketers' needs.

We’ll ask you just a few questions about what you do and where you work. The more we know about our visitors, the better and more relevant content we can provide for them. And, yes, knowing our audience better helps us find commercial partners too. Don't worry, we won't share your information with other parties, unless you give us permission to do so.

Register now

THE BEST CONTENT

Our award winning editorial team (PPA Digital Brand of the Year) ask the big questions about the biggest issues on everything from strategy through to execution to help you navigate the fast moving modern marketing landscape.

THE BIGGEST ISSUES

From the opportunities and challenges of emerging technology to the need for greater effectiveness, from the challenge of measurement to building a marketing team fit for the future, we are your guide.

PERSONAL AND PROFESSIONAL DEVELOPMENT

Information, inspiration and advice from the marketing world and beyond that will help you develop as a marketer and as a leader.

Having problems?

Contact us on +44 (0)20 7292 3711 or email subscriptions@marketingweek.com

If you are looking for our Jobs site, please click here