Publicis Groupe: Q1 2020 Revenue

Solid numbers in challenging environment
Strong actions to face current global crisis

Q1 reported net revenue up 17.1%, with the contribution of Epsilon

Organic growth at -2.9%, in line with expectations established prior to the pandemic

North America coming back to growth; China and Europe already impacted by Covid-19

Exceptional measures to face the coming recession and preserve solid balance sheet
- €500M cost reduction plan to adapt to new context and be recovery-ready
- Proposed dividend to be reduced by 50% to €1.15 per share and to be paid in September
 - 30% reduction in fixed compensation for both Supervisory Board Chairman & Groupe CEO, 20% for the Management Board members

Taking into account the magnitude, the complexity and the probable length of the crisis, no guidance given