Havas reports strong growth in UK

Marketing services group Havas, owner of Euro RSCG, Arena, MPG UK and Archibald Ingall Stretton, has posted first half revenue growth of 4.2%, year on year.

The company, chaired by Vincent Bolloré (pictured), reported group revenue of €729m (£603m) for the first half of the year ending 30 June.

The company results show the UK returned to positive organic growth with a quarter two increase of 4.6% but outside France the rest of Europe “is still suffering from a slowdown in growth. Overall, Havas posted organic growth of 2% for quarter two, giving a total of 1.8% for the first half.

The group’s main financial driver is North America, while Latin America provided double-digit growth and Asia Pacific mixed growth.

Digital activity contributed 17% of total revenue, compared with 16% for the same period in 2009.

Havas is the latest marketing services group to post results following WPP Group, Aegis and Chime Communications. Read an analysis of the trends revealed in the results here

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