Publicis Q1 Revenue +6.4% Despite FX

Q1 revenue rose 6.4% YoY to €4.19bn, but net revenue fell 2.3% to €3.46bn due to €268m FX headwind.
AI‑powered marketing services, 86% of net revenue, delivered 7.6% organic revenue growth and 5.6% net revenue growth.
North America contributed 59% of net revenue, growing 4.7% organically to €2.15bn; Europe, APAC, LATAM also posted double‑digit regional growth.
Full‑year 2026 guidance reaffirmed: 4‑5% net revenue organic growth, operating margin above 18.2%, free cash flow ~€2.1bn at EUR/USD 1.20.