Havas reports 3% growth, with €669m of new business wins in Q1
Havas has reported three per cent growth, as Q1 revenue figures of €389m are revealed.
The growth of three per cent compares to a -0.9 per cent growth for the comparable period in 2013.
Yannick Bolloré, Havas chairman and CEO, said: "Growth was very satisfactory in the first quarter of 2014, driven by a solid recovery in North America, strong performances from our agencies in high-growth countries and stabilizing results in Europe, particularly in the United Kingdom and Germany, which recorded double-digit growth.
“Over the first quarter, the Group also won a string of new clients, including Pao de Açucar in Brazil, PayPal in North America and Iglo in Europe, underscoring the relevance of our strategy of collaboration amongst our creative, media and digital teams in our "Havas Villages" around the world.”
Havas reported €669m of new business wins in Q1 of 2014, compared to €402m in the same period in 2013.
Wins for Havas Creative Group include Cineworld, Santander and Burger King.
In Europe, Havas reported growth of 2.3 per cent in Q1 2014 while the US saw a 3.7 per cent increase in growth.
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Havas SA is a French multinational advertising and public relations company, headquartered in Paris, France. Havas operates in more than 100 countries.
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