Marketing, E-commerce and Digital Design, Product Management, Brand Development, Design, Advertising and Consultancy

Havas posts sluggish revenue growth amid industry-wide slowdown

on Aug 25, 2017 | 0 comments

By Minda Smiley

Havas experienced a 1.9% revenue increase in the first half of 2017, down from 5.2% 12 months earlier, with the Paris-based firm’s results published today (August 25) the latest indication of an industry-wide squeeze on ad spend.

The holding company’s organic growth took a hit in the first half of this year, with Havas posting an organic growth decrease of 0.4%, down from last year’s 3% increase during the same period.

Both Europe and North America experienced a 0.4% dip in organic growth, while APAC and Africa saw a 0.6% drop and Latin America’s fell by 0.8%. In North Read full story ›

Source: The Drum