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BOSTON Havas today reported a 9.3 percent rise in third-quarter organic revenue to $530 million, upstaging its acquisitive archrival Publicis Groupe, which reported a 4.6 percent Q3 revenue boost to $1.61 billion, compared to the same period a year ago. Organic growth factors out currency fluctuations and the impact of acquisitions.
Today’s numbers continue a reversal of recent trends for the Paris-based holding companies. Havas has, for the most part, endured mediocre financial performances in recent years, while Publicis’ numbers—and its agency acquisitions worldwide, made largely to bolster its digital operations—have been generally more impressive.
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