Q3 2013 Revenue
3rd Quarter 2013
Revenue: €411 million
Organic growth: +1.2%
Net New Business: €364 million
2013 First Half Results
Record profitability in H1 2013
Income from operations margin: 13.0%, up from 11.9% (H1 2012)
Yannick Bolloré replaces Vincent Bolloré and is appointed Chairman of Havas
David Jones, Global CEO Havas, said: "In the first half of 2013 we drove strong margin improvement, reaching a record 13%.
From a growth perspective the Group made good progress in France and in the United Kingdom. North America returned to positive growth in Q2 and Latin America to double-digit growth. It was also a good 6 months in terms of new business wins at a global, regional and local level, with significant wins including Total, Dove and LG Electronics.
We have continued our strategy of creating the most agile, entrepreneurial and integrated communications group. Following the rebranding of Euro RSCG Worldwide to Havas Worldwide last year we rebranded our main media network to Havas Media and moved our creative, media and digital teams together under one roof in our new building in New York as we did in Paris - giving us a unique competitive advantage within our industry".
Havas will host a Conference Call & Webcast in English on the same day at 6:00pm (French time), 5:00pm (UK time), Midday (EST).
2013 1ST Quarter Revenue
Q1 2013 revenue flat: €386 million versus €387 million in Q1 2012 (-0.3% net growth and -0.9% organic growth)
Net New Business firm: €402 million
David Jones, Global CEO Havas, said: "The Group held up well against the sharp downturn in the European market overall in the first quarter of 2013, achieving positive performances in the key markets of France and the UK. Business in North America slowed after outperforming the market in Q4 2012, but emerging markets remain solid. Digital, media, advertising and healthcare communication all made significant contributions to Group performance."
Replay Code (will be available within 2 hours after the end of the conference call, available for 3 months):
• by dialing from France: +33 (0)1 72 00 15 00 (code 281591 #),
• from UK: +44 (0)20 33 67 94 60 (code 281591 #),
• from the US: +1 87 76 42 30 18 (code 281591 #).
2013 1ST Quarter Revenue
2012 Full Year Results
• Revenue: €1,778 million for full-year 2012
Group revenue up 8%; Organic growth +2.1%
17% of revenue from fast-growing markets in Latin America, Asia-Pacific and Africa
• Digital and social media increased to 26% of revenue
• Net New Business €1.7 billion compared to €1.4 billion for 2011 (+22%)
• Income from operations of €240 million in 2012, up from €220 million in 2011, an increase of +9.1%
Income from operations margin 13.5% (+10 basis points)
• Net income, Group share of €126 million in 2012 compared to €120 million in 2011, an increase of +5.0%
• Restated earnings per share of 33 centimes (€) in 2012 based on the number of shares outstanding at December 31, 2012, an increase of +16%
• Financial net debt : €168 million at December 31, 2012 compared to a net cash position of €44 million at December 31, 2011, following the buy-back of €269 million of shares
Havas CEO David Jones had this to say: "2012 was a strong year reflecting continued progress on profitability, organizational structure and strategic growth areas. Importantly, we continued to deliver sequential year-over-year margin improvement with further potential in the years ahead. New business performance in 2012 was strong by agencies at global, regional and local level, and we continued to grow both our emerging markets as well as our digital business. The simplification of our group structure and network branding reinforces our agile and integrated organization with digital at the core, which we believe gives us unique competitive advantages within the industry. While European economies remain challenged, we are confident in our ability to continue to deliver strong results and grow shareholder value for the long-term."
by dialing from:
France +33 (0)1 72 00 15 00 (code 280591#),
the U.K. +44 (0)20 33 67 94 60 (code 280591#),
the U.S. +1 87 76 42 30 18 (code 280591#)
available for 3 months.
2012 Full Year Results
Revenue: €1,778 million
Revenue growth: +8%
Organic revenue growth: +2.1%
Digital weight: 26% of revenue
Revenue: €521 million
Revenue growth: +5.5%
Organic revenue growth: +1.1%
Net New Business for the year: €1,675 million (+22% on 2011)
David Jones, Havas CEO, said: "2012 was a good year for the Group, considering the global economy remains challenged especially in Europe. Our North America business strengthened in H2 posting good growth and our performance was strong in LATAM and APAC. The momentum at Havas is excellent following the successful rebranding of our divisions and the simplification of our structure. We continue to see good new business wins and growth of digital, supported by the unique co-location of our media, creative and digital teams. The year risks to be another challenging one, but these factors, along with promising activity in January 2013, give us confidence in Havas's ability to continue to perform."