Publicis Groupe: Full Year 2023 Results

• Full year 2023 net revenue organic growth at +6.3% with stronger than expected Q4 at +5.7%
• Industry-leading financial ratios: 18.0% operating margin rate; headline EPS up +10% at €6.96; adjusted free cash flow at €1.7bn^[1]
• #1 rank in new business over the last 5 years^[2] 
• 2023 proposed dividend at €3.40 per share, fully paid in cash
• Confident in outperforming in 2024, despite macroeconomic challenges:
  • Organic growth expected at +4% to +5%
  • Operating margin rate at 18%
  • Free cash flow between €1.8 and €1.9bn

Press release

Invitation

Webcast

Presentation

2023 Consolidated Financial Statement

^[1] Free cash flow (FCF) before change in working capital requirement.
Reported 2023 FCF at €1,547M when including net cash impact for Rosetta settlement of €148M.

^[2] JP Morgan rankings 2019 – 2023.