Havas announces 2005 revenues

PARIS: Global advertising and communications group Havas reported 2005 fourth quarter revenue up 1.8%.

PARIS: Global advertising and communications group Havas reported 2005 fourth quarter revenue up 1.8%.

Total fourth-quarter revenue was €420 million (about $500 million US), raising the company's total 2005 revenue to €1,461 million ($1,738 million), a 2 percent decrease compared to 2004's €1,491 million.
 
Havas, the sixth largest international communications holding company, reported €1,055 million in estimated annual billings for all of 2005, down from €1,548 million in 2004. However, the company's total number of new-business wins for the year was 24% higher than for 2004.

Havas' New York-headquartered Euro RSCG Worldwide picked up three principal accounts: Bentley (United States), Tena (France) and Diageo (UK).

The Asia Pacific region is still suffering from the loss of the company's Intel account in January 2005.
 
In addition, the Havas Group last week announced that Paris-based VP and chief creative officer Jacques Séguéla has added the role of chief communications officer to his duties, effectively immediately.
 


 

Have you registered with us yet?

Register now to enjoy more articles and free email bulletins

Register
Already registered?
Sign in

Would you like to post a comment?

Please Sign in or register.