Havas unveils 8.4% increase in first half revenues

Havas, the world's sixth-largest advertising group, has reported first half revenue of €829m (£657m), up 8.4% year on year.

David Jones: Havas global chief executive
David Jones: Havas global chief executive
Organic growth for the French company behind Euro RSCG and MPG slowed from 3.5% in the first quarter to 2.1% in the second quarter, echoing the experience of its larger rivals Publicis Groupe and WPP.

Pre-tax profits came in at €79m, up 11.3% from €71m in the first half of 2011.

David Jones, chief executive of Havas, said: "All our regions continued to deliver growth in the first half led by Asia, Latin America, digital, media and healthcare."

The UK registered organic first half revenue growth of 1.1%, Europe overall registered 1.5% and North America 2%. Asia Pacific and Africa were faster on 10.5% and Latin America was on 8%.

Havas has given Yannick Bolloré, the son of chairman and major shareholder Vincent Bolloré, a more senior role, on the recommendation of Jones.

Previously a vice-president at Havas, Yannick Bolloré is now directeur général délégué, the same title as Hervé Philippe.
Topics

Subscribe to Campaign from just £57 per quarter

Includes the weekly magazine and quarterly Campaign IQ, plus unrestricted online access.

SUBSCRIBE

Looking for a new job?

Get the latest creative jobs in advertising, media, marketing and digital delivered directly to your inbox each day.

Create an Alert Now
How easyJet transformed customer data into emotional anniversary stories
Shares0
Share

1 How easyJet transformed customer data into emotional anniversary stories

To showcase innovation and good practice, Campaign is publishing the best case studies from the 2016 Marketing New Thinking Awards, held in association with Sky Media. EasyJet and Havas Helia triumphed in the Data Creativity category for their data-driven work on the airline's 20th anniversary.

Just published

More