Havas Lifts Revenue 8%

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Havas Advertising, the world’s fifth largest advertising company, on Wednesday reported that comparable billings and revenue grew about 8 percent in the first quarter from the period last year.

Paris-based Havas posted quarterly billings of approximately $3.2 billion and revenue of about $485 million, based on the current rate of exchange. It did not report on income.

Without adjusting for currency fluctuations and acquisitions — mainly the purchase last year of Snyder Communications — billings and revenue grew more than 60 percent for the quarter.

First-quarter





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