Havas Posts 3% Gain in Organic Growth

N.A. helped in recovery from year-earlier period

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Thanks to improved results in North America and strong performance in high-growth countries, Havas said first-quarter revenue rose to $542 million, with a 3 percent increase in organic growth. That compares to the year-earlier quarter when Havas reported flat revenue of $504 million and a decline in organic growth of 0.9 percent.

Havas also said the current first quarter was helped by stabilizing performance in Europe, particularly in the U.K. and Germany, which posted double-digit growth.

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