Havas reports 9.3% increase in revenue

Share this content:

Global advertising and communications services group Havas has released its third quarter results. Reporting a 9.3% increase in organic growth, it has attained a sharp escalation from a rise of 5.4% in the second quarter and of 3.2% in the first quarter.

Cumulatively, organic growth has risen 6.0% for the first nine months of 2007. In addition, revenue has progressed beyond expectation, totaling Ç1.1 billion ($1.6 billion) for the first three quarters of 2007, marking a 3.3% increase over the corresponding period in 2006.

Havas Group CEO Fernando Rodes Vila said, in a statement, "We are very happy with our growth in Q3, and feel all the more comfortable about achieving our objectives for the full year of 2007."

The strengthening of the Euro against the US dollar adversely affected the group by Ç29 million in the first nine months of 2007, compared with the corresponding period in 2006. Net new business totaled Ç256 million ($367.5 million) in Q3 2007, bringing the total for the first nine months to Ç1.5 billion ($2.2 billion), versus Ç1,580 million ($2.3 billion) for the corresponding period in 2006.

Headquartered in Paris, Havas operates through its extensive worldwide network maintaining offices in more than 75 countries and employing more than 14,000 people. Euro RSCG (New York), McKinney (Durham, NC), Sharpe Blackmore (Toronto) and Thompson Communications (Cyprus) are a few of its agencies concentrating efforts in the field of direct and online marketing.

Loading links....

Sign up to our newsletters

Company of the Week

We recently were named B2B Magazine's Direct Marketing Agency of the Year, and with good reason: We make real, measureable, positive change happen for our clients. A full-service agency founded in 1974, Bader Rutter expertly helps you get the right message to the right audience at the right time through the right channels. As we engage our clients' audiences along their journey, direct marketing (email, direct mail, phone, SMS) and behavioral marketing (SEM, retargeting, contextual) channels deliver information relevant to the needs of each stage. We are experts at implementing and leveraging marketing technologies such as CRM and marketing automation in order to synchronize sales and marketing communications. Our team of architects and activators plan, execute, measure and adjust in real time to ensure the strategy is working as needed and change things if it's not.

Find out more here »

DMN's Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here