Havas Group Returns To Growth In Q2

Vivendi-owned Havas Group returned to growth in the second quarter with net organic revenue growth of nearly 16% versus the year-ago period. 

The company reported that all regions made significant progress in Q2 with Europe up 19.6%, North America,10.2%, Asia-Pacific, 21.1%, Latin America,19.4%. 

For the first half of 2021, net revenues were up 7.3% to just over €1 billion (nearly $1.2 billion).

New business wins for the period included Volkswagen (CX), Cox Communications (Creative) and De Beers (Media). In addition, two major clients, Sanofi and Novartis, were retained with multi-year contracts.

The positive Havas numbers reflect a broader Adland recovery from the ad recession that emerged last year with the pandemic.

Earlier this month, IPG, Publicis Groupe and Omnicom all reported strong gains in this year’s second quarter.




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