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Havas FY12 Profit Rises

French advertising and communications firm Havas SA (HAVSF.PK) Thursday reported full year 2012 net income of 126 million euros, up from 120 million euros last year.

On a per share basis, earnings for the year improved to 0.33 euro from 0.28 euro last year.

Revenue for the year grew 8 percent to 1.78 billion euros from 1.65 billion euros last year. Organic growth was 2.1 percent for the year.

Fast-growing markets in Latin America, Asia-Pacific and Africa contributed 17 percent of the total revenues, the company said.

by RTTNews Staff Writer

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