Earnings release
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PUBLICIS GROUPE • • First Half 2021 Results Full recovery with all KPIs exceeding 2019 levels July 22 , 2021 Q2 organic growth at + 17.1 % , more than recovering vs. Q2 2020 at -13.0 % O New acceleration in the U.S. at + 15.2 % , with Epsilon at + 31.1 % and Publicis Sapient at + 27.0 % о Continued momentum in Asia at + 13.6 % , Europe rebounding at + 23.0 % U.S. and Asia at + 7 % organic growth vs. 2019 Full recovery in H1 overall Organic growth at + 9.7 % vs. -8.0 % in H1 2020 О All - time high operating margin rate at 16.5 % in a first - half ○ • Growth of + 27 % in Headline EPS at € 2.23 and + 22 % in Free Cash Flow¹ at € 605m Number 1 in rankings in New Business² in H1 • Upgrade of all 2021 guidance KPIs with full recovery expected in one year instead of two : organic growth at 7 % , operating margin rate at 17 % , Free Cash Flow between € 1.2bn and € 1.3bn Q2 2021 Revenue Net revenue Organic growth Reported growth € 2,539 M + 17.1 % + 10.7 % H1 2021 Results ( EUR million ) Revenue Net revenue H1 2021 2021 vs 2020 5,493 + 4.1 % 4,931 + 3.3 % Organic growth + 9.7 % EBITDA 1,052 + 14.0 % Operating margin 815 + 31.0 % Operating margin rate 16.5 % + 350bps Headline Groupe net income 555 + 33.1 % Headline diluted EPS ( euro ) 2.23 + 27.4 % Free Cash Flow¹ 605 + 22.2 % 1 Before change in working capital requirements 2 Source : COMvergence PUBLICISGROUPE.COM fyin