Publicis Groupe reports 5.7% organic growth in Q3

Publicis Groupe’s net revenue in Q3 2025 was 3,529 million euros compared to 3,423 million euros in Q3 2024. Organic growth reached +5.7%. Exchange rates had a negative impact of euro 169 million euros.

Acquisitions, net of disposals, accounted for a positive impact of 89 million euros. On a reported basis, net revenue increased by +3.1%.

Arthur Sadoun shared in a statement: “With no slowdown in client demand, Q3 was another very strong quarter, ahead of expectations. We are demonstrating that artificial intelligence at Publicis is not a future promise, it is a reality today that is driving our growth. Once again, we are showing our ability to win market share and position ourselves as a Category of One thanks to our unique AI-powered model. We delivered +5.7% organic growth, materially increasing the gap with our peers by c.700bps². Not only did we not experience any material cuts in marketing spend, but we also saw an acceleration in demand for our AI-led products and services.”

 Net Revenue

 In North America, revenue was up +7.1% on an organic basis and +3.6% on a reported basis, including a negative impact of the U.S. dollar to euro exchange rate. The U.S., the Groupe’s largest geography where its model is the most advanced, posted very strong organic growth of +7.1%, fueled by high single-digit growth of Connected Media and mid-single digit growth of Intelligent Creativity. Technology posted low single-digit organic growth this quarter, in a context of continued “wait and see” attitudes from clients on digital business transformation projects.

Across Europe, organic growth reached +2.8%, with reported growth at +2.2%. Organic growth in the U.K. was up +10.7% with double-digit growth of Connected Media and Intelligent Creativity together, and high single-digit growth of Technology. France and Germany were down organically this quarter, with Technology in both countries still affected by delayed capex spending from clients. France was also impacted by last year’s higher comparable, which benefited materially from the Paris Olympics. Excluding those two elements, France was positive. Central & Eastern Europe posted a strong +9.5% organic growth, led by Connected Media at double-digit growth.

 Asia Pacific recorded +6.5% growth on an organic basis and +2.9% growth on a reported basis. China performed strongly with +6.1% organic growth, thanks to market share gains in Connected Media.

In Middle East & Africa, net revenue was -3.0% organically and -4.8% on a reported basis, mainly due to Technology facing a high comparable.

Latin America saw +9.6% organically, driven by both Connected Media and Intelligent Creativity. Reported growth was +8.5% after taking into account the depreciation of the Argentinian peso relative to the euro.