Havas To Restate Financials

  • April 8, 2005
Havas, the Paris-based parent of MPG, Arnold and Euro RSCG, scheduled a conference call today to outline how its financial reporting has been impacted by complying with International Financial Reporting Standards. In a statement released Friday morning, Havas said the adjustment would cause a 51 percent increase in its reported consolidated net income. -- J.M.
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