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HAVAS Q1 Revenue Increases - Quick Facts

4/24/2012 2:07 AM ET

HAVAS (HAVSF.PK) said its revenue for the first quarter rose 7.2% to 387 million euros from 361 million euros in the year-ago quarter. Growth at constant exchange rates was 5.3%.

David Jones, Global CEO Havas, stated, "The Group achieved good growth in the first quarter of 2012, despite a high comparative benchmark. A particular highlight was the strong performance in France given what remains an uncertain economic environment in Europe. North America continued its performance in line with the 4(th) quarter of 2011 and the very strong growth in the emerging markets was maintained with double digit growth in Asia Pacific and Latin America. All disciplines contributed to our performance including a continued acceleration in digital. These results are an endorsement of the relevance of our business model, based on putting digital at the core of all our activities."

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by RTT Staff Writer

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