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* infers 2008 world series baseball Says 16-week eagles phillies observes revenue falls 5.6 pct to 369.5 mln stg * Sees 2009-10 as a year of weaker demand * To pursue new growth opportunities * Says financial position strong (Adds details) July 23 (Reuters) - BSS Group Plc (BTSM.L) said revenue inthe first 16 weeks fell 5.6 percent, but said it was pursuingnew growth opportunities to offset the fall in core revenue andwas confident of outperforming the market in the full year. The British plumbing and heating company said all of itsbusinesses were continuing to grow market share, but the latercycle industrial and specialist divisions were being drawn intothe downturn. PARIS, July 23 (Reuters) - Dassault Aviation (AVMD.PA) saidon Thursday its first-half operating profit fell by 44 percentto 114 million euros, generating a operating margin of 8.2percent. However, its domestic division is holding up better againstlast year, the company said. As of30 June 2009, convertible bonds (OCEANE 2008 and 2014), free shares plans andsome stock options plans, whose exercise price is lower than the averageshare price for the period, have a dilutive effect. Theseforward-looking statements involve certain risks and uncertainties and mayprove to be materially different from actual future results. Allforward-looking statements are expectations as of the date of this report,and Publicis Groupe undertakes no obligation to update them for new events orfor any other reason except as required by law.
Publicis Groupe encouragesyou to study carefully all information concerning factors that may impact itsbusiness, as described in the Reference Document filed with the French marketauthority (Autorite des Marches Financiers)."AppendicesNew Business 2009DigitasTotal (France), TGI Friday's (United States)FallonThe Auteurs (United Kingdom) autographed baseball . The first positive growth figures should appeararound the middle of 2010, though these would benefit from a favorable basisfor comparison pat burrell . At Publicis Groupe, we confirm our targets for 2009: tooutperform the market in terms of market share, with negative growth moremoderate than that of the market; and to protect our margins philadelphia phillies . To that end, wewill be steadfast in applying appropriate, ongoing measures that should provefully effective in 2010.Publicis Groupe (Euronext Paris: FR0000130577) is the world'sfourth-largest communications group, the world's second-largest media agency,and a global leader in digital and healthcare communications philadelphiaphillies . At the same time that the credit market wastightening, a sharp decline in demand for raw materials, property, anddurable consumer goods prompted companies to sit on their cash and reducecapital expenditures.Given currently available information, the Group estimates that the lowfor the year should come in July, or August at the latest, with slow recoverybeginning in September.
Themost recent forecast, from early July, shows further deterioration, with themarket losing 8.6% during the year, although it suggests a more stable secondhalf.These increasingly extreme corrections have come in response to anunexpectedly steep curve baseball tickets . The agencies of Publicis Groupe have worked with Old GM andwill continue to work with New GM philies cap . As we noted in our release of June 4th weare now in a better position to quantify our financial exposure as a resultof the GM bankruptcy.Since the filing of the bankruptcy, Old GM has signed agreements withsome of our agencies and assumed and assigned contracts with other of ouragencies to New GM philies hat . As a result, we have received payment of the bulk of ourfee receivables as of the date of the bankruptcy, andGM has committed to pay us our remaining pre-petition fee receivablesover the next few months.Taking into account the principle of sequential liability and thecommitments we have received from GM, we have re-evaluated our maximumexposure at EUR 9 million, which are reflected in our second quarter numbersreleased on July 23, 2009.OutlookThe second quarter fully revealed the severity of an economic crisis thathas continued to deepen throughout the period.In April, ZenithOptimedia revised its late-December forecast of a 0.2%decline in the advertising market for 2009 down to a decline of 6.9% eagles phillies . The New GM will operate the Chevrolet, Cadillac, Buick and GMCbrands on an ongoing basis while it continues the process of selling orwinding down the Saturn, Saab, and Hummer brands and winds down the Pontiacbrand. Motors Liquidation Company, the Old GM, plans to liquidate theremaining assets. Paying an annual coupon of 3.125% and maturing in 2014, thebond has an aggregate principal amount of 719 million euro.Recent eventsGM : On Friday July 10th 2009, General Motors Company purchasedsubstantially all of the operating assets of General Motors Corporation in aSection 363 transaction, effectively allowing the New GM to operate outsidethe Chapter 11 process in the U.S., free from many of Old GM's legacyobligations.
That objective is beingmet, as the Group's New Business figures attest.- FinanceOn January 19, 2009, Publicis Groupe bought in the market 2,241,811convertible bonds (OCEANE 2018) or 41% of the bonds outstanding, for 95million euros.To ensure that the Group has adequate financing and extend the maturityprofile of its debt, Publicis Groupe issued a new OCEANE convertible bond onJune 24, 2009 cole hamels bio . Withnet New Business totaling $3.2 billion, we were ranked number one worldwideby Nomura, a performance that fully validates our strategy pat burrell . Some of the mostsignificant wins were Carrefour (worldwide), China Mobile (China), Wrigley(United States), BMW (China), Telkonsel (Indonesia), TGI Friday's (UnitedStates), sanofi-aventis (United States), BNP Paribas/Fortis (Belgium), JPMorgan Chase (United States), and MillerCoors (United States).The objective in this stormy period has been to consolidate and growPublicis market share in all Group business lines philadelphia phillies . In allthree, the Microsoft and VivaKi teams will be providing our clients withgreater added value and efficiency.- CONTENT: creating, producing, and distributing content via allservices, tools, and systems available in the digital universe- PERFORMANCE: tools, methods, and innovations based on next-generationonline advertising technologies, particularly performance-enhancingsearch and ad serving technologies- AUDIENCE: defining, profiling, and measuring Audience on Demand to meetthe specific needs of each client.- New Business: Publicis Groupe is number-one worldwide, with $3.2billionThe first six months of 2009 were productive for Publicis Groupe . As part of the VivaKi Nerve Center, the hub ofVivaKi's digital expertise, Performics offers performance marketing solutionsby combining the three recognized leaders in the field: iBase, Webformance,and Click2Sales.In early April, Publicis Groupe acquired Nemos, a leading interactivecommunications agency in Switzerland. Founded in 2002, the Zurich-basedoutfit is one of the top agencies for flash and multimedia programming,boasting a customer roster that includes Carlsberg, Movenpick, and CondorFilms.
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