Havas posted 3.8% organic growth with net revenue of 656 million euros for the September quarter with notable new business wins and a “very solid” performance in the US.
The France-based global advertising group “sharpened” its full year outlook to net revenue organic growth of between 2.5% and 3%, up from previous estimates of 2%.
Larger competitor Publicis Groupe also upgraded it full year outlook after posting better than expected organic growth of 5.7% in the September quarter with net revenue of Euro 3.259 billion.
Havas said North America recorded solid momentum, turning in an organic growth of 7.4%.
“Converged.AI strategy continues to drive measurable impact, helping clients operationalise AI across their marketing ecosystems with greater precision and efficiency,” said CEO Yannick Bolloré.
“The launch of Horizon Global, our new joint venture with Horizon Media, marks a major strategic milestone, combining our strengths in a seamless, AI-native solution tailored to US-centric global client opportunities and the evolving demands of modern marketers.
“We remain committed to our strategic objectives and focused on scaling innovation, creativity and performance across all markets.”
Havas September quarter numbers:
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