Havas Sees 5.3% Revenue Boost in Q3

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Paris-based Havas today became the first of the global agency holding companies to report its third-quarter financials, posting generally upbeat results for Q3 and the first nine months of 2010.

The company said worldwide revenue rose 5.3 percent in organic terms (factoring out the impact of acquisitions and currency fluctuations) to about $514 million during Q3 2010 compared to the comparable period last year. Havas noted that its organic revenue has improved each quarter by this count, with a 2 percent rise in Q2 and a 1.5

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