Marie Green
Oct 20, 2010

Havas clocks 12.6 per cent growth in revenue for Q3

GLOBAL - Havas has returned a 12.6 per cent growth in global revenue, up from 6.6 per cent in Q2 and 1.4 per cent growth in Q1.

Havas chairman Vincent Bolloré
Havas chairman Vincent Bolloré

Global organic growth for the French holding company was 5.3 per cent in Q3, compared to two per cent in Q2 and 1.5 per cent in Q1. This brings the total organic growth for the first nine months of the year to 2.9 per cent. 

The Asia-Pacific region returned to positive growth in Q3 of 7.8 per cent, driven by good results out of China and India. Latin America reported double-digit growth of 38 per cent from Q3 last year, the UK grew by 7.5 per cent, North America by 5.5 per cent and France by 5.2 per cent.

Organic growth for the first nine months sees Latin America lead with 30 per cent. Asia-Pacific totals three per cent, North America 5.1 per cent and France and the UK 0.5 per cent and 3.6 per cent respectively.

Significant new wins for the holding group in Q3 for Asia-Pacific, include Sanquan in China by Euro RSCG Shanghai, Kia by MPG China and Australian Wool's global business lead by Euro RSCG London and Sydney.

On the digital side, Euro RSCG Singapore won the pan-APAC duties for AMD, Media Contacts India scooped INQ Mobile and Euro RSCG in Beijing and Shanghai took home Master Kong Biscuits, HP Printing and Imaging and leading cartoon network KAKU in China.

Source:
Campaign Asia

Related Articles

Just Published

19 hours ago

Battle for TikTok: Implications for content ...

Far too many global businesses rely on American audiences for sales and engagement. Alternatives like Meta's Reels exist, but pivoting and recalibrating will be a daunting quest.

20 hours ago

40 Under 40 2023: Tra My Nguyen, Ogilvy

With a keen eye for revenue growth and all things marketing, Nguyen stands out as a leader who not only adapts but propels her team and company to new heights.

1 day ago

Hindustan Unilever announces leadership changes, ...

The changes come as HUL reported a 6% decline in standalone net profit for the fiscal fourth quarter.

1 day ago

Netflix reports strong Q1 growth but is it painting ...

Although Netflix has added almost 10 million new paid subscribers in early 2024, some experts believe advertising is quickly becoming the streaming giant’s long-term profitability plan, presenting a compelling opportunity for brands.