Havas Reports A Jump in Organic Growth for Q1

Havas earnings were reported today, with the holding company announcing €361 million (about $528.6 million by today’s conversion rate) in revenue for Q1 2011, a gross increase of 9.7 percent year-over-year from €329 million. Organic growth was up 6.8 percent versus just 1.5 percent for the same period in 2010.

Europe led all regions with €190 million (about $278.3 million) in revenue (France topped the region with €75 million , or $109.8 million) followed by North America with €125 million in revenue (about $183 million).

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