The Publicis Groupe structure has been developed to provide the Groupe’s clients with comprehensive, holistic communication services involving all disciplines.
The Groupe has identified operating segments that correspond to key markets (countries or regions). These countries or regions are each run or supervised by a single person and overseen day-to-day by a single Executive Committee, bringing together members with a wide range of expertise. They are thus structured to offer our clients a broad-based solution that meets their needs.
The Groupe has therefore identified operating segments corresponding to the geographic regions in which it operates: United States, Canada, United Kingdom, France, DACH (Germany, Austria and Switzerland), Asia-Pacific, the Middle East and Africa, Central and Eastern Europe, Western Europe and Latin America.
Those operating segments with similar economic characteristics (similar margins), or where the nature of services provided to clients and the type of clients at which they are aimed are similar, have been grouped into five reporting segments: North America, Europe, Asia-Pacific, the Middle East and Africa and Latin America.
The presentation of financial information based on the operating segments results in the same level of information being presented as by geographic region.
| (in millions of euros) | Europe | Noth America | Asia-pacific | Latin America | Middle East & Africa | Total |
|---|---|---|---|---|---|---|
| Income statement items | Income statement items Europe
|
Income statement items Noth America
|
Income statement items Asia-pacific
|
Income statement items Latin America
|
Income statement items Middle East & Africa
|
Income statement items Total
|
| Net revenue(1) | Net revenue(1) Europe 3,384 |
Net revenue(1) Noth America 8,583 |
Net revenue(1) Asia-pacific 1,218 |
Net revenue(1) Latin America 374 |
Net revenue(1) Middle East & Africa 406 |
Net revenue(1) Total 13,965 |
| Revenue(1)(2) | Revenue (1)(2)Europe 4,097 |
Revenue (1)(2)Noth America 9,416 |
Revenue (1)(2)Asia-pacific 1,513 |
Revenue (1)(2)Latin America 418 |
Revenue (1)(2)Middle East & Africa 586 |
Revenue (1)(2)Total 16,030 |
| Depreciation and amortization expense (excluding acquired intangibles) | Depreciation and amortization expense (excluding acquired intangibles) Europe (222) |
Depreciation and amortization expense (excluding acquired intangibles) Noth America (195) |
Depreciation and amortization expense (excluding acquired intangibles) Asia-pacific (59) |
Depreciation and amortization expense (excluding acquired intangibles) Latin America (9) |
Depreciation and amortization expense (excluding acquired intangibles) Middle East & Africa (10) |
Depreciation and amortization expense (excluding acquired intangibles) Total (495) |
| Operating margin | Operating margin Europe 588 |
Operating margin Noth America 1,640 |
Operating margin Asia-pacific 242 |
Operating margin Latin America 29 |
Operating margin Middle East & Africa 20 |
Operating margin Total 2,519 |
| Amortization of intangibles from acquisitions | Amortization of intangibles from acquisitions Europe (30) |
Amortization of intangibles from acquisitions Noth America (191) |
Amortization of intangibles from acquisitions Asia-pacific (9) |
Amortization of intangibles from acquisitions Latin America (2) |
Amortization of intangibles from acquisitions Middle East & Africa (2) |
Amortization of intangibles from acquisitions Total (234) |
| Impairment loss | Impairment loss Europe (10) |
Impairment loss Noth America (62) |
Impairment loss Asia-pacific (12) |
Impairment loss Latin America (2) |
Impairment loss Middle East & Africa - |
Impairment loss Total (86) |
| Non-current income and expenses | Non-current income and expenses Europe - |
Non-current income and expenses Noth America 3 |
Non-current income and expenses Asia-pacific 11 |
Non-current income and expenses Latin America 2 |
Non-current income and expenses Middle East & Africa (1) |
Non-current income and expenses Total 15 |
| Operating income after impairment | Operating income after impairment Europe 548 |
Operating income after impairment Noth America 1,390 |
Operating income after impairment Asia-pacific 232 |
Operating income after impairment Latin America 27 |
Operating income after impairment Middle East & Africa 17 |
Operating income after impairment Total 2,214 |
| Balance sheet items | Balance sheet items Europe
|
Balance sheet items Noth America
|
Balance sheet items Asia-pacific
|
Balance sheet items Latin America
|
Balance sheet items Middle East & Africa
|
Balance sheet items Total
|
| Intangible assets, net(3) | Intangible assets, net (3)Europe 2,117 |
Intangible assets, net (3)Noth America 11,040 |
Intangible assets, net (3)Asia-pacific 1,212 |
Intangible assets, net (3)Latin America 141 |
Intangible assets, net (3)Middle East & Africa 402 |
Intangible assets, net (3)Total 14,912 |
| Property, plant and equipment, net (including right-of-use assets on leases)(3) | Property, plant and equipment, net (including right-of-use assets on leases) (3)Europe 1,181 |
Property, plant and equipment, net (including right-of-use assets on leases) (3)Noth America 959 |
Property, plant and equipment, net (including right-of-use assets on leases) (3)Asia-pacific 146 |
Property, plant and equipment, net (including right-of-use assets on leases) (3)Latin America 36 |
Property, plant and equipment, net (including right-of-use assets on leases) (3)Middle East & Africa 21 |
Property, plant and equipment, net (including right-of-use assets on leases) (3)Total 2,343 |
| Other financial assets(3) | Other financial assets (3)Europe 187 |
Other financial assets (3)Noth America 56 |
Other financial assets (3)Asia-pacific 33 |
Other financial assets (3)Latin America 8 |
Other financial assets (3)Middle East & Africa 3 |
Other financial assets (3)Total 287 |
| Disclosures in respect of the statement of cash flows | Disclosures in respect of the statement of cash flows Europe
|
Disclosures in respect of the statement of cash flows Noth America
|
Disclosures in respect of the statement of cash flows Asia-pacific
|
Disclosures in respect of the statement of cash flows Latin America
|
Disclosures in respect of the statement of cash flows Middle East & Africa
|
Disclosures in respect of the statement of cash flows Total
|
| Purchases of property, plant and equipment and intangible assets | Purchases of property, plant and equipment and intangible assets Europe (64) |
Purchases of property, plant and equipment and intangible assets Noth America (130) |
Purchases of property, plant and equipment and intangible assets Asia-pacific (30) |
Purchases of property, plant and equipment and intangible assets Latin America (11) |
Purchases of property, plant and equipment and intangible assets Middle East & Africa (3) |
Purchases of property, plant and equipment and intangible assets Total (238) |
| Purchases of investments and other financial assets, net | Purchases of investments and other financial assets, net Europe 41 |
Purchases of investments and other financial assets, net Noth America (4) |
Purchases of investments and other financial assets, net Asia-pacific (1) |
Purchases of investments and other financial assets, net Latin America (2) |
Purchases of investments and other financial assets, net Middle East & Africa - |
Purchases of investments and other financial assets, net Total 34 |
| Acquisitions of subsidiaries | Acquisitions of subsidiaries Europe (76) |
Acquisitions of subsidiaries Noth America (821) |
Acquisitions of subsidiaries Asia-pacific (18) |
Acquisitions of subsidiaries Latin America - |
Acquisitions of subsidiaries Middle East & Africa - |
Acquisitions of subsidiaries Total (915) |
