Feb
12
Havas Grows 5.1% in 2014 Despite Q4 Slowdown to 3.5%
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French communications group Havas reported organic growth (excluding acquisitions) of 5.1% for 2014, with revenue of $2.1 billion and net new business of $2.5 billion for the year.
But organic growth slowed in the fourth quarter to 3.5%. Revenue was $627 million and new business totaled $626 million.
Growth in Europe reached 4.4% for the full year, but was flat in the fourth quarter of 2014. This morning, Havas announced a major hire with the appointment of Chris Hirst, the highly-regarded CEO of WPP’s Grey London office, for the new position of CEO of the Havas Creative Group in the U.K. and Europe.
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