Havas reports record organic growth

Havas, the worlds sixth largest marketing services group, has reported “record organic growth” of 7.1% in its full year results for 2007. Its performance was driven by strong growth in Asia Pacific and a good performance by its digital division.

Havas, the world’s sixth largest marketing services group, has reported “record organic growth” of 7.1% in its full year results for 2007. Its performance was driven by strong growth in Asia Pacific and a good performance by its digital division.

The group, which is headed by Fernando Rodes Vila (pictured) and owns Euro RSCG and Media Planning Group, says its net new business totalled €1.5bn (£1.1bn), which it says is “equivalent” to 2006, and included growth in all regions.

Its strongest performance was in Asia Pacific, where it grew by 28.6%. It also reported 21% growth in Latin America. The company reported a weaker performance in the UK and US, where it grew by 4% and 1.7% respectively. Meanwhile, its digital business was up by 28%.

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