Havas sees organic revenue growth decline

Havas has reported an organic growth decline of 9.3% year on year in the three months to the end of September, with revenue of €326 million.

The first nine months of the year saw organic growth decline 9.2% on revenues of €1.03 billion, the French marketing company said in a statement released today.

In the UK, organic revenue growth was down 13.7% year on year in the third quarter, an improvement on Q3’s 15% fall.

Europe saw organic revenue growth fall 10.5% year on year, with France down 8.4%, while North America was down 7.8%.

Asia-Pacific dropped by 13.1% and Latin America was down 8.1%