Feb
28
Havas Posts Revenue Growth of 4.2% in Fourth Quarter 2016
Posted in: Uncategorized
Havas reported organic growth of 4.2% in the fourth quarter of 2016, up from 2% in the third quarter of the year. Revenues were $2.4 billion for the year, up from $2.3 billion the previous year.
The positive numbers disguise some large discrepancies between the regions. Europe grew at 7.3% (after a 1.2% decline in the third quarter) and North America saw organic growth of 5.4% in the fourth quarter, but Asia Pacific was down by 8.7%, and Latin America by 12.8%.
The U.S. posted strong growth thanks to good performances from Havas Media, Havas Chicago and Havas Health.
Post a Comment