By Seb Joseph

Publicis boss Maurice Levy is more concerned by a slowdown in its US business than the commercial impact of the Brexit vote as the agency holding group’s quarterly revenue jumped on growth in European advertising.

Sales hit €2.5bn in its second quarter, buoyed by gains made by Sapient or ZenithOptimedia, Publicis Worldwide, Publicis Health. Organic growth, which strips out effects from acquisitions and currency fluctuations, climbed 2.7 per cent in the period, with digital, primarily from the aforementioned agencies, up 5.1 per cent.

While better-than-expected, Publicis’ performance was hampered somewhat slower growth in the US where it has big accounts such as Read full story ›

Source: The Drum