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.
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1 Job description: Digital marketing executive

Digital marketing executives oversee the online marketing strategy for their organisation. They plan and execute digital (including email) marketing campaigns and design, maintain and supply content for the organisation's website(s).

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