Net revenue in H1 2025
Publicis Groupe’s net revenue for the first half of 2025 was euro 7,152 million, up by +6.9% compared to euro 6,688 million in the first half of 2024. Exchange rate variations over the period had a negative impact of euro 74 million. Acquisitions (net of disposals) had a positive impact of euro 179 million on net revenue. Organic growth was at +5.4% in the first half of 2025.
/ H1 2025 net revenue growth per client industry(1)
This diagram represents the H1 2025 Net Revenue Growth per Client Industry(1) - see note(1).
- Healthcare: +16.1% (15% of the chart).
- Financial: +12.5% (13% of the chart).
- Food & beverage: +9.8% (13% of the chart).
- Leisure & travel: +9.8% (13% of the chart).
- Non-food consumer products: +4.2% (10% of the chart).
- Retail: +0.7% (8% of the chart).
- TMT (Technology, Media, and Telecom): +1.8% (8% of the chart).
- Automotive: +0.3% (3% of the chart).
- Energy & manufacturing: +5.7% (4% of the chart).
- Public sector & other services: -5.4% (3% of the chart).
- Others:(2) 8% - see note(2).
/ Breakdown of H1 2025 net revenue by region
| (in millions of euros) | Net revenue | Reported growth | Organic growth | |
|---|---|---|---|---|
| H1 2025 | H1 2024 | |||
| North America | 4,427 | 4,112 | +7.7% | +5.3% |
| Europe | 1,726 | 1,649 | +4.7% | +3.7% |
| Asia Pacific | 604 | 572 | 5.6% | +5.3% |
| Middle East & Africa | 207 | 190 | +8.9% | +10.1% |
| Latin America | 188 | 165 | +13.9% | +23.6% |
| Total | 7,152 | 6,688 | +6.9% | +5.4% |
Net revenue in North America was up by +5.3% on an organic basis in the first half of 2025 (+7.7% on a reported basis). The U.S. recorded a very solid +4.7% organic growth.
Europe posted +3.7% organic growth in the first half (+4.7% on a reported basis). The U.K. was up by +3.6%, both France and Germany were slightly down, and Central & Eastern Europe posted +11.9% growth on an organic basis.
Asia Pacific net revenue was up by +5.3% on an organic basis (+5.6% on a reported basis). China reported an organic growth of +7.1%.
Net revenue in the Middle East & Africa region was up by +10.1% on an organic basis (+8.9% on a reported basis) and up by +23.6% in Latin America (+13.9% on a reported basis).