Both net income and revenue climbed at Havas in 2012, in what CEO David Jones described today as a strong year. On a constant currency basis, net income grew 5 percent to $162.6 million, while revenue rose 8 percent to $2.3 billion, according to Havas. The company ended the year with an operating margin of 13.5 percent, up slightly from 13.4 percent in 2011.
Interpublic Group reported no growth in revenue in the fourth quarter and for all of 2012, blaming the “significant impact” of account losses in U.S. operations in 2011 and 2012. Net income, meanwhile, rose 21 percent in the quarter but slipped 16 percent for the year.
Omnicom Group, boosted by stronger-than-expected organic growth, today reported a net income gain of nearly 13 percent in the last quarter of 2012.
Internet ad spend grew 18 percent year-over-year to nearly $9.3 billion during the third quarter, per the Interactive Advertising Bureau's U.S.-based numbers annou
We go through this funny dance as part of our Agency of the Year selections every year, resulting in reports here on the global (Wieden + Kennedy), U.S. (Droga5) and digital (AKQA) winners for 2012.