Havas' 2009 revenue down 8%
Full-year 2009 revenue for Havas, parent company of Euro RSCG and Arnold, dropped 8.1% to $1.92 billion. Organic growth was down 7.9% for the year.
However, the holding company said that its Q4 revenue, which totaled $552 million, dropped 4.4% organically but saw “significant improvement” over the previous quarters.
New business brought in $1.7 billion in 2009. Key new clients in the US included Heineken, IBM, Lacoste, Method and Sprint.