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BRIEF-Publicis sees Sapient to generate yearly underlying sales growth in 9-10 pct range by 2020
February 9, 2017 / 11:34 AM / 10 months ago

BRIEF-Publicis sees Sapient to generate yearly underlying sales growth in 9-10 pct range by 2020

Feb 9 (Reuters) - Publicis Groupe SA

* Publicis sees Sapient to generate yearly underlying sales growth in the range of 9 to 10 percent by 2020, CEO Maurice Levy said in an analyst conference call on Thursday.

* Publicis’ Sapient to generate underlying sales growth in the range of 6 to 7 percent in 2017 and 2018-CEO

* Publicis says underlying sales to drop in Q1 and Q2, with Q2 underlying sales gaining momentum-CEO

* Publicis sees 2017 restructuring costs to be in the range of 90 to 100 million euros-CFO

* Publicis sees some limited acquisitions in 2017, says does not plan any big acquisition-CEO

* Publicis does not plan any major asset disposal in 2017-CEO Further company coverage: (Reporting by Mathieu Rosemain)

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