Publicis, Paris, saw its pre-tax net income soar 42% to $79.8 million in 1999, as revenue climbed 23% to $1 billion. Total billings rose 25% to $6.6 billion. Looking ahead to 2000, the agency group--which this year has acquired DeWitt Media, New York; Fallon
McElligott, Minneapolis; and Frankel, Chicago - said it will "actively continue its development in the U.S.,'' and expects overall growth to continue topping 20%. Publicis' ambition is to become a truly competitive network globally, and noted that it currently operates in 76 countries.
Copyright March 2000, Crain Communications Inc.