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Havas Sees Revenue Rise

Havas Sees Revenue Rise

Havas reported a 3.6% year on year rise in revenue to €755 million (£607 million) in the first half of the year.

The company said that the rise in revenue was due in large part to strong business growth in key markets reflecting new account wins and increased market share.

Organic growth was up 6.4% year on year in North America, up 8.1% in Europe and 11.4% in the rest of the world as a whole. Asia Pacific was up 18% and Latin America grew by 7.5%.

In a statement, Havas said: “The first half of 2008 further confirmed the pertinence of the group’s growth strategy based on the creative talent and know-how of its teams and closer commercial integration of its networks.

“All the group’s main businesses have enjoyed strong growth. Putting digital at the core of all our agencies and businesses means we can provide our clients with global communication advertising solutions and a choice of media.”

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