The Publicis Board of Directors met on July 16, 2025 under the Chairmanship of Arthur Sadoun and approved the financial statements for the first half of 2025.
| (in millions of euros except per-share data and percentages) | S1 2025 | S1 2024 | 2025 vs 2024 |
|---|---|---|---|
| Data from the Income and Cash Flow Statements | Data from the Income and Cash Flow StatementsS1 2025
|
Data from the Income and Cash Flow StatementsS1 2024
|
Data from the Income and Cash Flow Statements 2025 vs 2024
|
| Net revenue | Net revenueS1 20257,152 | Net revenueS1 20246,688 | Net revenue 2025 vs 2024 +6.9% |
| Pass-through revenue | Pass-through revenue S1 20251,331 |
Pass-through revenue S1 2024962 |
Pass-through revenue 2025 vs 2024 +38.4% |
| Revenue | Revenue S1 20258,483 |
Revenue S1 20247,650 |
Revenue 2025 vs 2024 +10.9% |
| EBITDA | EBITDA S1 20251,501 |
EBITDA S1 20241,401 |
EBITDA 2025 vs 2024 +7.1% |
| % of net revenue | % of net revenueS1 202521.0% | % of net revenueS1 202420.9% | % of net revenue 2025 vs 2024
|
| Operating margin | Operating margin S1 20251,242 |
Operating margin S1 20241,160 |
Operating margin 2025 vs 2024 +7.1% |
| % of net revenue | % of net revenueS1 202517.4% | % of net revenueS1 202417.3% | % of net revenue 2025 vs 2024
|
| Operating income | Operating income S1 20251,102 |
Operating income S1 20241,008 |
Operating income 2025 vs 2024 +9.3% |
| Net income attributable to the owners of the Company | Net income attributable to the owners of the CompanyS1 2025824 | Net income attributable to the owners of the CompanyS1 2024773 | Net income attributable to the owners of the Company 2025 vs 2024 +6.6% |
| Earnings per share (EPS) | Earnings per share (EPS) S1 20253.28 |
Earnings per share (EPS) S1 20243.08 |
Earnings per share (EPS) 2025 vs 2024 +6.5% |
| Headline diluted EPS(1) | Headline diluted EPS (1)S1 20253.51 |
Headline diluted EPS (1)S1 20243.38 |
Headline diluted EPS (1)2025 vs 2024 +3.8% |
| Free cash flow before change in working capital requirements | Free cash flow before change in working capital requirements S1 2025828 |
Free cash flow before change in working capital requirements S1 2024744 |
Free cash flow before change in working capital requirements 2025 vs 2024 +11.3% |
| (in million of euros) | 30/06/2025 | 31/12/2024 |
|---|---|---|
| Data from the Balance Sheet | Data from the Balance Sheet 30/06/2025
|
Data from the Balance Sheet 31/12/2024
|
| Total assets | Total assets 30/06/2025 36,083 |
Total assets 31/12/2024 39,854 |
| Equity attributable to holders of the Company | Equity attributable to holders of the Company 30/06/2025 9,631 |
Equity attributable to holders of the Company 31/12/2024 11,060 |
| Net debt (net cash) | Net debt (net cash) 30/06/2025 1,033 |
Net debt (net cash) 31/12/2024 (775) |
