Publicis Groupe: Full Year 2020 Results
2020 reported net revenue broadly flat at -0.9%
2020 organic growth at -6.3%
Q4 organic growth ahead of expectations at -3.9%
U.S. returning to positive organic growth at +0.5% in Q4, with Epsilon at +5.5%
Operating margin rate at 16.0%
Free Cash Flow before change in working capital of nearly €1.2 billion
2020 proposed dividend at €2.0
1 per share, with a 46.8% payout ratio
Repayment of salary sacrifice
Regulatory News:
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Répartition du revenu net 2020 par secteur Sur la base de 3 620 clients représentant 91% du revenu net total du Groupe (Photo: Business Wire)
In the latest first-quarter filings from US apparel and footwear brands and retailers, the impact of the global coronavirus pandemic and widespread store closures can be clearly seen. VF Corp has reported a net loss of US$285.6m, while Francesca s has seen a 50% drop in net sales. Elsewhere, Macy s, Inc said its net loss totalled $3.58bn and PVH Corp has posted an unprecedented decline in revenue and earnings.>Debenhams, Brooks Brothers, and J.Crew Group are among the latest apparel brands and retailers to outline reopening plans after stores and online operations were closed temporarily worldwide as part of efforts to help limit the spread of the coronavirus (Covid-19) outbreak.>
Management Shuffle at Leesa Sleep
Virginia Beach-based B-Corporation restructures its C-suite to pursue growth.
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VIRGINIA BEACH, Va., Jan. 27, 2021 /PRNewswire/ Leesa Sleep, LLC whose purpose is to elevate life for all in need of better sleep, announced a series of management changes this week designed to upgrade capabilities and accelerate growth. The changes follow a two-year period where the company has transformed its product mix, retail distribution, digital marketing and reversed three years of successive financial losses.
John Replogle, who had been serving as interim Chief Executive Officer, will step away from executive responsibilities to resume his role on Leesa s board of directors.
In the latest third-quarter filings from US apparel and footwear brands and retailers, Francesca s Holdings Corporation swung to a third-quarter loss of US$16.2m, PVH Corp posted what CEO Emanuel Chirico called a strong earnings performance , and Abercrombie booked its fifth consecutive quarter of positive comparable sales.>Tommy Hilfiger is to introduce 100% recycled cotton denim styles in its spring Tommy Jeans collection, thanks to support from parent company PVH s Denim Center in Amsterdam â its first hub in Europe dedicated to setting new standards for producing denim in a faster, more consistent and more environmentally-friendly way. >In the latest second-quarter filings from US apparel and footwear brands and retailers, VF Corp raised its full-year guidance on strong sales and earnings, while L Brands reported a 28.7% drop in earnings, and Urban Outfitters achieved record second-quarter sales and a jump in profit.>
In the latest first-quarter filings from US apparel and footwear brands and retailers, the impact of the global coronavirus pandemic and widespread store closures can be clearly seen. VF Corp has reported a net loss of US$285.6m, while Francesca s has seen a 50% drop in net sales. Elsewhere, Macy s, Inc said its net loss totalled $3.58bn and PVH Corp has posted an unprecedented decline in revenue and earnings.>Debenhams, Brooks Brothers, and J.Crew Group are among the latest apparel brands and retailers to outline reopening plans after stores and online operations were closed temporarily worldwide as part of efforts to help limit the spread of the coronavirus (Covid-19) outbreak.>