The World: Paris - Havas Group reveals 'satisfactory' first-half results

Havas has recorded a small rise in first-half revenues. They are up 1.3 per cent to EUR729 million, and it put in a strong performance in terms of organic growth, with a good showing from the UK.

The group, which described its first-quarter results as "satisfactory", said that net new business for the first half was EUR1.2 billion, an increase of 38 per cent, with second-quarter new business up 44 per cent to EUR697 million. Vincent Bollore, the Havas chairman, added that the results marked the first time in six years that the group had recorded organic growth of more than 5 per cent.