Havas has reported its first growth in annual revenue in five years, with full year revenue at €1.47 million, compared to €1.46 million for the previous year, an increase of 0.8%.
Excluding exchange rate and scope of consolidation changes, organic growth for 2006 was 0.6%.
The UK reported its strongest quarterly growth for five years, which Havas put down to a “remarkable performance by advertising, corporate communication and healthcare communication”.
Elsewhere, Latin America saw revenues rise 19% over the year and 26.9% in the fourth quarter, with most countries reporting double digit growth.
Net new business was €1.9 million in 2006 with Lehmann Brother ranking Havas as number one for new business in 2006.
Related Links
