Publicis Groupe said organic revenue dropped 7.4 percent in the third quarter, but CEO Maurice Levy predicted the company would begin experiencing organic revenue growth in the middle of next year, becoming the first industry executive to say a recovery has started. "The advertising market is starting its recovery, which will be slow and progressive. First positive growth numbers should be established during the second half of 2010 ... Publicis Groupe should continue to outperform the market." Revenue in the quarter declined 5.3 percent to $1.56 billion from the year earlier period.
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