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Robust in Europe and the USA, Publicis sees a good third quarter

Friday Sep 3, 2010

Publicis expects third quarter 2010 well made and said he had seen the numbers "robust" in Europe and North America during July and August, told Reuters on Friday Maurice Levy.

The world's third largest advertising has also said he was still expecting a revenue organic growth above 3.5% for 2010.

In late July, when presenting the results of the first half, the number three global advertising had revised upwards its objective of raising revenue, now anticipating growth of over 3.5% against 3% previously.

"For now, the things we have in hand let me suggest that the proportion of T3 should be good," said Maurice Levy, chief executive of Publicis, the fringes of the MEDEF Summer University, about the trend in terms of income growth for the third quarter.

In the first six months of the year, the group saw its revenues increase by 5.3% in organic growth, 2.5 billion euros.

Maurice Levy has also held that the figures from Europe, North America and emerging markets were "robust".

"For now, what we saw on July and August is that the numbers are quite robust, as well as in emerging markets that are now in the jargon of Publicis, the high growth markets "said the chairman of advertising group.

Asked about the objective of revenue growth for this year, he gave no precise figure.

"We did not give any precise indication at this time. It's a bit early, it should be known about how the return will happen. And depending on the return of school, they decide s it or not to revise the figure upwards ", said Maurice Levy.

"In any case, it will be above 3.5%," he added."One has the impression that things that are seen today are a little bit better than the atmosphere.

Asked to say when the group would submit its development plan for China, he replied: "Probably in the fourth quarter."

Maurice Levy did not wish to reveal, however, the outline development plan.

Around 11:40 am, the action abandoned Publicis 0.04% to 34.05 euros.


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Rising prices in Germany in July in line with expectations

Wednesday Jul 28, 2010

The German inflation accelerated as expected in July, as estimated by the Federal Office of Statistics, harbinger of higher prices across the euro area.

Inflation has emerged at 1.1% yoy against 0.9% in June, an acceleration due in large part to rising fuel prices and fruit and vegetables, said the Office.

Economists polled by Reuters had forecast an average price increase of 1.1% over one year.

On a monthly basis, the national index of consumer prices was up 0.2% in July, against 0.1% in June

Calculated the European harmonized standards (HICP), inflation German spring up 0.3% in July and 1.2% over one year.

The first estimate of inflation over the past month is calculated on the basis of published data from six Länder. Final figures will be released August 10.


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The euro remains in decline after the stress tests of banks

Saturday Jul 24, 2010

The euro briefly cut its losses against the dollar on Friday but has subsequently resumed its downward trend, while seven out of 91 European banks have failed this test of strength which they were submitted.

The Committee of European Banking Supervisors (CEBS) announced that five Spanish banks (Civica Cajasur, Unnim, and Espiga Diada), a Greek bank (Atebank) and Germany's Hypo Real Estate had not been able to maintain a ratio of Tier 1 financial stability of at least 6% in the worst case scenario used.

After an increase to 1.29 per dollar, the euro fell to 1.2845 dollars (-0.43%) to 4:25 p.m. GMT.

Last month fears about the debt crisis of the euro area and its effects on banks in the region had led the euro to its lowest level since 2006 at least $ 1.19. Since the European currency has recovered to slightly above the threshold of $ 1.30 earlier in the week.


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Fifth month of decline in German car market

Tuesday May 4, 2010

The German car market shrank in April for the fifth consecutive month, falling 32% on a year which remains linked to the ruling of the scrappage scheme in the country.

Adjusted data the number of working days, the new car registrations fell by 10.2% compared to April 2008 before the entry into force of the support plan for the sector.

In the first four months of this year, new car sales in Germany fell 25%, show figures released Tuesday by the federation VDIK foreign carmakers.

"Initial estimates show that new orders for our members are at the same level as in April 2008, what I consider to be the first sign of spring in the car in Germany," said Volker Lange, President the VDIK, in a statement.

The budget of five billion euros allocated by Berlin to scrap bonus was exhausted from last September, causing a drop in orders weighing gradually on registrations in the months that followed.

Germany, Europe's biggest car market, is not the only country affected by this phenomenon: in France, registrations have slowed significantly in April, displaying only a 1.9% increase over one year , against 17.9% in March.

In the U.S., sales of new cars rose by about 20% last month compared to April 2009.


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