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Havas reports weaker organic growth, but strong commercial momentum

Courtesy of Adobe Stock.

April 26, 2023

Havas, a Paris-based advertising and media firm, has announced its March quarter financial results, according to a report in AdNews, including:

• Overall revenue growth of 3.5% to $674.5 million.
• Net revenue growth of 4.4% to $649.1 million.

Growth rates were smaller than those posted by competitors Publicis and Omnicom.

Like the AFP, Havas shares roots in Bureau Havas (founded by Charles-Louis Havas in 1832).