Havas reports drop in revenues

Havas has reported a drop in first-quarter revenues of 5.5 per cent to £287.5m compared with the same period in 2002.

Havas has reported a drop in first-quarter revenues of 5.5 per cent to &£287.5m compared with the same period in 2002. The agency blames ‘the uncertain geo-political climate’. Total billings for the period are &£1.93bn.