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BOSTON Despite achieving 4 percent organic revenue growth in the third quarter to $400 million, compared to the same period last year, Havas today issued a warning for the fourth quarter, projecting a steep decline as the impact of major account losses, such as Volkswagen, kicks in.
In a statement, the Paris-based holding company said, “Following organic growth of 2.8 percent during the first nine months of the year (to $1.2 billion), a strong slowdown is estimated for the last quarter, due notably to the high basis of comparison with fourth quarter 2004 (when organic growth was 4.6
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