Havas reports 3% organic growth in Q1

havasYannick 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’s great momentum makes us confident that we will continue to perform well in the quarters ahead.”

Organic growth +3.0%

Q1 2014 revenue €389 million

Net New Business growing strongly: €669M vs. €402M

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