HAVAS

Revenue: €387 million
Organic growth: +7.3%
Net new business: €351 million

David Jones, Havas CEO, said “We delivered strong organic growth in the third quarter of 7.3%, our best organic growth performance in 3 years. For the first nine months of the year, all our regions grew led by Latin America and Asia with strong growth in North America. All divisions contributed to our performance including a continued acceleration in digital. This performance highlights the strength of our organization and our ability to deliver value to our clients and shareholders even in an uncertain economic environment.”

Net income up +8%
Substantial increase in income from operations margin on:
+12.4% (+90 basis points)

► Revenue growth:
• +5.6% organic growth in H1 2011 over H1 2010
► Marked increase in income from operations +13% :
• Income from operations margin of 12.4% for H1 2011 compared with 11.5% for H1 2010, an increase of +90 basis points
► Net income, Group share of €53 million, up +8% over H1 2010
► Net New Business1 continues strong at €940 million for H1 2011
► The Group’s financial situation continues to improve:
• Average net financial debt² and debt on closing both reduced

Revenue up sharply: €361 million
+9.7% real growth
+6.8% organic growth
Net New Business holding strong at €384 million

Record results:
Income from operations in excess of €200 million
Income from operations margin 13% (+50 basis points)
Net income, Group share of €110 million (+20%)


►    Significant increase in revenue: €1,558 million
•    +8.1% real growth for the full year
•    Organic growth: +4.9% in Q4 and +3.5% for the full year
►    Net New Business: €1.9 billion, +46% 
►    Income from operations up: €202 million
•    Income from operations margin 13%, up by +50 basis points
►    Net income, Group share: €110 million, an increase of +20%
►    Net cash position: €87 million at December 31, 2010 compared with €48 million at December 31, 2009 and net debt of €79 million at December 31, 2008
►    Dividend proposed: 10 cents (€) per share for 2010, +25%