Havas has had another impressive year. The revenue for the year is USD 2.4 billion with a growth of 17.3 percent from the previous year. The organic growth is at 5.1 percent.
Income from net operations is reported to be USD 344 million, a 20 percent increase from 2014 and the net cash of December 31, 2015 is USD 96.2 million as compared to USD 47 million at December 31, 2014.
“2015 was another record year for the Group, which once again posted one of the strongest performances in the industry. We delivered growth in all our regions, increased income from operations margin by an additional 30 basis points to 14.4 percent and maintained a strong balance sheet to support our future growth,” said Yannick Bolloré, CEO, Havas.
Mr Bolloré attributed this success to a strategy centered on collaboration and integration among all the group’s areas of expertise, to provide marketers with an efficient and innovative service that combines creative, media and digital. The company has also expanded the Havas Village concept, which sees all its brands including Havas Media Group and Havas Creative Group housed in one space, to 37 more sites worldwide.
“I would especially like to thank our clients for their loyalty and trust. I would also like to thank our 18,600 talents all over the world who have made such good results possible,” Mr Bolloré continued.
Organic revenue growth across different regions for the year was 4.7 percent in Europe, 6.4 percent in North America, 7 percent in Asia Pacific and 1.3 percent in Latin America. However, the organic revenue growth globally is marked at 3.1 percent this quarter which is below 5.5 percent of the previous quarter.
The main contributor from Middle East and North Africa (MENA) was the United Arab Emirates. Some of the new businesses acquired by Havas in this region during Q4 were PR and advertising duties for CPC in Dubai and Dubai City Tourism.
“These excellent figures give us every reason to start the year with confidence; they must also motivate us to redouble our efforts to ensure the quality and innovation of our offerings,” Mr Bolloré concluded.
