Havas lifted by UK as global revenue rises 12.9%

By Daniel Farey-Jones, campaignlive.co.uk, Tuesday, 19 October 2010 12:20PM

Havas has provided further evidence of the advertising recovery with a 12.9% rise in third quarter revenue to €368m (£324m).

Vincent Bolloré: Havas chairman

Vincent Bolloré: Havas chairman

The French's group's UK business achieved its highest year-on-year growth figure of 2010 with a 12.1% increase to €46m.

Organic growth came in at 5.3% globally and 7.5% for the UK. New business wins in the country during the quarter included Barclays' DM and CRM business by EHS 4D.

Despite France also growing by 7.1%, Havas' overall Europe revenue increased by just 3.2% to €190m.

Revenue rose in all other territories - North America by 5.5% to €127m, Asia Pacific by 30.7% to €17m and Latin America by 62% to €34m.

For the year to date Havas' overall revenues amounted to €1,097m, up 2.9% from the previous year.

Havas is chaired by major shareholder Vincent Bolloré and is the world's sixth-largest advertising group.

This article was first published on campaignlive.co.uk

X

You must log in to use Clip & Save

Before commenting please read our rules for commenting on articles.

If you see a comment you find offensive, you can flag it as inappropriate. In the top right-hand corner of an individual comment, you will see 'flag as inappropriate'. Clicking this prompts us to review the comment. For further information see our rules for commenting on articles.

comments powered by Disqus

Additional Information

Campaign Jobs