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    Jérôme Bodin

    Research Analyst at ODDO BHF

    Jérôme Bodin's questions to PUBLICIS GROUPE (PUBGY) leadership

    Jérôme Bodin's questions to PUBLICIS GROUPE (PUBGY) leadership • Q4 2022

    Question

    Jérôme Bodin asked about the potential for further price increases beyond the 1% guided for 2023 and sought clarity on headcount evolution for Q1 and the full year.

    Answer

    CFO Michel-Alain Proch confirmed the 1% pricing impact for 2023 is the best current estimate, driven mainly by Publicis Sapient. On headcount, he explained that after stabilizing in Q4 2022, the company plans a slight increase in Q1 and will continue hiring to support 2023 growth, but at a slower pace than the last two years and with no layoffs planned. Chairman & CEO Arthur Sadoun added that growth is primarily driven by talent quality and winning more scope from clients, not pricing.

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