By Ishbel Macleod

Omnicom merger deal will close in Q3.

This comes after Publicis reported 0.7 per cent growth in Q4 of 2013.

Maurice Levy, CEO, said that first-quarter margins were “slightly better”, without providing a comparable 2013 figure.

“Organic growth will not accelerate in the second quarter because of tough comparables, but it will in the third quarter,” he said. “Europe remains fragile in my view, while China should see mid-single-digit growth, and digital double-digit growth.”

Digital revenue across the company was up 10.4 per cent to €653m, accounting for over 40 per cent of the total revenue for the corporation.

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Source: The Drum