After losing ground in 2024 Havas reported today that it returned to growth in the first quarter with 2.5% organic revenue growth, in line with its 2%-plus growth outlook for the year.   

The company reported a total net revenue gain of 5.2% to 649 million euro (about $727 million), which includes M&A and currency impact (the organic figure does not).  

Company Chairman and CEO Yannick Bolloré stated that the performance “reflects our business momentum particularly in North America and Latin America as well as progress on our bolt-on acquisition strategy.” The company struck three M&A deals in the quarter including sports marketing specialist CA Sports (Spain), ecommerce media agency Channel Barkers (US) and creative agency Don (Argentina).   

The company’s North America region rebounded sharply with 3.2% organic growth compared to a decline of 4% in Q1 2024.  The company said the gain was driven by double digit growth at Havas Health.  

Europe posted a slight decline (0.2%) with France showing some growth driven by media while operations in the UK were down a bit due to shortfalls at the company’s creative and health operations.  

Both the APAC/Africa and Latin America regions posted gains on an organic basis.  

The firm noted that the ongoing tariff battles have not impacted it business yet but that it is “monitoring the situation closely.”