Havas UK revenue dips in first quarter of 2016
Havas has reported a 1.6% decline in year-on-year revenue for the first quarter of 2016.
The owner of Havas Media Group posted €63 million in revenue for the UK in Q1 2016, compared to €64 million in the same period last year, representing a 1.6% contraction in organic growth.
Globally, the company posted revenue of €506 million for the first quarter of 2016, an increase of 7.9% year on year and organic growth of 3.4%.
Across Europe, Havas reported organic growth of 4.1% to €252 million from January to March, while North America grew organically by 1.2% to €187 million.