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Publicis Groupe H1 profit climbs YOY

Publicis Groupe SA said its first-half normalized net income amounted to €1.66 per share, compared with the S&P Capital IQ consensus estimate of €1.88 per share.

EPS rose year over year from €1.64.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was €380.4 million, an increase from €368.5 million in the year-earlier period.

Total revenue climbed on an annual basis to €4.84 billion from €4.75 billion, and total operating expenses increased from the prior-year period to €4.19 billion from €4.12 billion.

Reported net income increased year over year to €386.7 million, or €1.69 per share, from €381.9 million, or €1.70 per share.