French advertising and communications services firm Havas SA reported net income for the full yer 2012 of €126 million or €0.33 per share, compared to €120 million or €0.28 per share fir the full year 2011.
Revenue for the full year 2012 increased 8% to €1.7 billion from €1.65 billion in 2011.
Havas CEO David Jones had this to say: "2012 was a strong year reflecting continued progress on profitability, organizational structure and strategic growth areas. Importantly, we continued to deliver sequential year-over- year margin improvement with further potential in the years ahead. New business performance in 2012 was strong by agencies at global, regional and local level, and we continued to grow both our emerging markets as well as our digital business."
The company said its Board of Directors has decided to propose a dividend of €0.11, unchanged from 2011, at the forthcoming Combined Shareholders' Meeting. The Havas S.A. Combined Shareholders' Meeting will be convened on June 5.
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