Publicis Groupe stutters to big loss as ad giant points finger at ‘weak’ Razorfish

Publicis Groupe stumbled to a €527m (AU$736m) net loss in 2016 as the ad giant admitted to “serious issues” at Razorfish.

The results, against a backdrop of a 1.4% revenue increase, illustrates the problems encountered by the company since acquiring SapientNitro in 2015.