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BOSTON Following a solid performance last year, French agency company Havas maintained momentum in the first quarter of 2008, posting a 2.5 percent revenue gain — 7.4 percent in terms of organic growth — to approximately $550 million, the company said today.
Organic growth discounts factors such as the effect of acquisitions and currency fluctuations.
“This confirms the positive trend observed through 2007, underscores the validity of our business model based on integration with digital at its core and reflects our stronger position in key markets,” said company CEO Fernando Rodes Vila, of Havas’ Q1 performance, in a statement.
Havas grew in all its operating regions.
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