Havas Q1 revenues up 1.4% over 2009

Share this article:

Agency holding company Havas saw $441 million in revenue during the first quarter of 2010, a 1.4% increase year-over-year.

The France-based holding company reported overall Q1 growth of 5.2% in North America, year-over-year, after seeing a 9.2% decline a year ago. South America saw the highest revenue growth of any region for the quarter, at 24.4%.

Among the business accounts won in Q1 were Credit Suisse's global recruitment advertising duties and Heineken's North American digital work, both of which are handled by Euro RSCG.

Last month, Havas revealed that full-year 2009 revenues dropped 8.1% to $1.92 billion. Organic growth was down 7.9% for the year.

In February, two Havas agencies, Euro RSCG and Arnold, named new CEOs. Pete Zillig was named co-CEO of Euro RSCG New York. He replaced Andrew Benett, who became CEO of Arnold.

Share this article:
You must be a registered member of Direct Marketing News to post a comment.

Sign up to our newsletters

Follow us on Twitter @dmnews

Latest Jobs:

More in Agency

Are You Really Ready for Customer Experience?

Are You Really Ready for Customer Experience?

Marketers can talk a good game about customer centricity, but actions speak louder than words.

Essentials in Content Marketing: Think like a best-selling author

Essentials in Content Marketing: Think like a best-selling ...

Imagine if all the electronic content thrown your way daily was actually printed on paper. To stand out from those piles of worthless pixels, you must offer your audiences intriguing ...

The Mobile-Email Marriage

The Mobile-Email Marriage

Marketers who considered leaving email at the altar are finding renewed passion for the channel as an ever-increasing number of customers triage, read, and click-through email on their smartphones.