• by Joe Mandese  @mp_joemandese, January 8, 2025

Havas, which recently spun off from Vivendi as an independent publicly traded company, on Wednesday revised its final 2024 results upward, citing: 

• Net Revenue Organic Growth: confirmation of a range narrowed between -1.0% to -0.5%, compared with the initial guidance of a range between -1.0% to 0% versus the financial year ended December 31, 2023.

• Adjusted EBIT: range between EUR 335 to 340 million, compared with the initial guidance of above EUR 330 million.

• Net Cash: as at December 31, 2024: positive net cash between EUR 180 and 220 million, compared with the initial guidance of around EUR 150 million.

The company will officially release full-year 2024 audited and consolidated results on March 5, including a presentation by management to financial analysts.