Havas Posts Mixed Results

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BOSTON Havas has reported first-half revenue of $863 million and second-quarter sales of $452 million.

Those numbers represented declines of about 6.5 and 5.5 percent, respectively, compared to the first half and second quarter of 2004.

In organic-growth terms, however, Havas said its Q2 revenue rose 3 percent, while its half-year sales increased 2.2 percent, compared to the year-ago periods.

The Paris-based holding company said Q2 net new business totaled $615 million and included assignments from Diesel, RadioShack and Sony.

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