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BOSTON Havas today reported record organic growth for 2007, buoyed by strong performances in all business groups, particularly its digital and media operations.
Arch-rival Publicis Groupe tallied healthy full-year sales and profit, but the company’s organic growth lagged somewhat, dragged down by the pharmaceuticals sector.
Both holding companies are headquartered in Paris.
Havas said its full-year revenue rose more than 4 percent to $2.23 billion compared to the previous 12 months. On an organic basis, factoring out currency fluctuations and the impact of acquisitions, Havas grew more than 7 percent.
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