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


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