Havas Advertising has announced the results from the first half of 2001, and they are extremely optimistic. Revenue reached Euro 1,065 million, an increase of 44.4% compared with the 1st half of 2000.
At comparable exchange rates, the increase was 42%. Organic growth, at 5.5%, was above the market average, which reflects the market share gains by Havas Advertising over its main competitors in the
first half of 2001. Europe, including markets under pressure such as the UK, led global growth with an increase of 6.4%, on an adjusted basis, evidencing significant gains in market share. Latin
America showed growth of 4.5% despite Argentina's economic difficulties, while Asia Pacific fell 0.5%, again on an adjusted basis. In North America, growth in revenue was weaker, at 2.4% on an
adjusted basis. Media Planning Group and Arnold Worldwide Partners have been particularly strong during this period.