Havas Reports Organic Growth of 6% for Third Quarter
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Havas announced organic growth (excluding acquisitions) of 6% for the third quarter of 2014, with revenues of $555 million. For the first nine months of the year, organic growth was 5.8%, for total revenue of $1.6 billion.
In North America — Havas’ biggest market — growth reached 4.7% in the third quarter and 4.6% for the first nine months of the year, with Havas claiming strong performances from all its businesses in the region, particularly healthcare.
In a conversation with Ad Age after the earnings announcement, Havas CEO Yannick Bollor attributed the results to integration and leadership. He said, “We’ve done a great job organizing collaboration locally and globally. And we have a great leadership team which means the clients are happy so don’t leave us, and we’ve had a fantastic new business year.”
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