Havas Chief David Jones Chimes in On Publicis Omnicom Merger http://bit.ly/18bHxTg
Havas reported a slight increase in revenues on Friday, up 1% to $1.1 billion for the first half of 2013.
For the second quarter, there were some organic growth decreases, including a -2.1% dip in European countries outside of France and the UK, and a -2.6% dip in the traditionally fast-growing region of Asia Pacific and Africa. David Jones, CEO of the France-based ad group, attributed this to the loss of Vodafone in Australia, and a significant media contract in China.
Among the other fast-growing markets, Latin America showed better results, with a 12.3% increase for the first half, boosted by a 15.1% rise in the second quarter.
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