Paris-headquartered Publicis Groupe on Friday unveiled champagne results for its 2005 fiscal, confirming the expectations raised by its fourth quarter trading.
Net income rose 39% to €386 million ($464.28m; £264.83) based on an 11.9% increase in operating income to €649 million. Total revenues rose 7.7%, while organic growth approached 7%.
On a regional basis, growth rose 10.3% in Asia-Pacific, 9.7% in Latin America, 8% in North America and 3.8% in Europe. Across the rest of the world income leapt by 17.7%
Driving the growth was an impressive number of new business wins which added a record €7.8bn in revenues - the highest figure ever recorded in the worldwide advertising industry, Publicis claims.
Crows chairman/ceo Maurice Lévy: "These results certainly owe nothing to chance. I believe that we are now at the beginning of a fresh cycle of growth that will enable us to consistently outperform our competitors.
"Not only have we shown that we have a winning strategy, but our successes are creating their own momentum. All this leads me to be confident that we will again report very satisfactory results in 2006."
Data sourced from Publicis Groupe; additional content by WARC staff