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Havas Reports Strong Organic Growth in 2015

Yannick Bollore, director general and vice president of Havas SA, poses for a photograph at the company's headquarters in Paris, France, on Friday, Dec. 14, 2012. Havas SA, the French advertising company which is known for memorable advertising campaigns, including the 2009 commercials for Evian water that featured babies on roller skates. Photographer: Balint Porneczi/Bloomberg *** Local Caption *** Yannick Bollore
Yannick Bolloré, chairman and chief executive officer of Havas

The French marketing and advertising group Havas has reported a 17.3% increase in revenues of €2.2bn for 2015, underpinned by strong organic growth of 5.1%, particularly in Europe. Profits, meanwhile amounted to €172m up from €140m in 2014.

The group’s CEO, Yannick Bolloré, said that every division within the group is growing. He also noted that its home market of France led the way but pointed out that the UK chalked up organic growth of 4.4% while Spain, Germany, Italy, the Czech Republic, Switzerland, Hungary and Ireland all posted double-digit growth. In North America, which now accounts for around 36% of group revenues, organic growth of 6.4% was achieved.

“These results are the outcome of a highly effective strategy centred on collaboration and integration among all the group’s areas of expertise, to provide our clients with an efficient and innovative service that seamlessly combines creative, media and digital. These excellent figures give us every reason to start the year with confidence; they must also motivate us to redouble our efforts to ensure the quality and innovation of our offerings,” said Bolloré.