It also said organic growth dropped by 7.4 per cent compared with the third quarter last year. However, a company statement said: "The advertising market is clearly starting its recovery, which will be slow and progressive."
The Week: City News - Publicis' revenue shrinks
Publicis Groupe, led by the chairman, Maurice Levy, has announced that the company's revenue shrank by 5.3 per cent during the third quarter of 2009, to EUR1.05 billion.