Most said U.S. conditions are improving while other markets continue to lag. And Havas, which owns Media Planning Group, Arnold Worldwide Partners and Euro RCSG, has seen an 18.8% drop in its revenues, owing mainly to the euro's strength against the U.S. dollar. But even with constant currency, Havas was down 6.8% in the first half.
First Half '03 Holding Company Revenues
Revenues Vs. First Half '02
Grey $618 million +7%
Havas $909 million -19%
Interpublic $2,810 million +<1%
Omnicom $4,080 million +12%
Publicis* $2.030 million +59%
WPP
$3.000 million +3%
Source: MediaPost compilation of data from company reports. Carat parent Aegis Group will not report until Sept. 9. *Organic growth rate was 0.2%.
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