Havas Reports a Slow First Half

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BOSTON–Havas on Tuesday reported that its revenue and billings for the first half of 2002 dropped about 3 percent to approximately $1.01 billion and $6.75 billion, respectively, compared with the same period a year ago. Adjusted for currency fluctuations and acquisitions, the drop-off was about 5 percent.

The Paris-based holding company’s second-quarter revenue fell more than 5 percent to approximately $567 million, compared with the same period for 2001.

Particularly

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