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First Half Revenue Increase For Havas

First Half Revenue Increase For Havas

Havas, the sixth-largest global advertising and communications group, has announced organic revenue growth of 4.4% for the first half of the year, with revenue of €729 million.

The group also recorded organic growth of 5.4% in the second quarter, after a rise of 3.2% in the first quarter.

Net new business for the first half was €1.2 million, an increase of 38% on first half 2006.

The UK returned to organic growth in the second quarter at 3.4%. Traditional advertising via Euro RSCG came back strongly to make a significant contribution, as did the public and press relations businesses, financial communication and marketing services.

Europe (excluding France and the United Kingdom) continued to grow in the second quarter, at 9.1%. Media consulting performed very strongly, in particular Havas Media in Spain, Poland, Italy and Germany.

North America enjoyed a return to organic growth in the second quarter, 4%, driven by healthcare and corporate communication, CRM and media consulting.

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