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BOSTON Paris-based holding company Havas today reported an 8.2 percent revenue slide to $1.538 billion for the first nine months of 2009 compared to the same period a year ago.
In organic growth terms, factoring out exchange-rate variations and the impact of acquisitions and consolidations, the drop was 9.2 percent.
Havas said its net income for the period “remained stable” compared to the year-ago period, though it did not disclose that number.
Throughout 2009, Havas has turned in a generally disappointing performance, though its sluggish financials have been generally in line with those of its global competitors, which have also been pinched by the economy.
Havas
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