Havas Worldwide chief executive David Jones told Dow Jones Newswires that while uncertainty about the U.S. economy exists, he doesn’t expect a double-dip recession.
“I think there is more uncertainty than optimism out there now,” he told reporter Ruth Bender.
Still, he says he’s seeing growth in Latin America and Asia, and the company is still interested in acquisitions to grow revenue in digital, healthcare, and emerging markets.
“We have the funds and the resources to make acquisitions and we will do and continue to do them. But there hasn’t been a major step change in the business where we are going from a year of battening down the hatches to a buying frenzy,” he said.
According to the article, Havas chairman Vincent Bollore has talked about the need for acquisitions in order to generate growth, and has made 1.5 million Euros available for acquisitions.