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Both net income and revenue climbed at Havas in 2012, in what CEO David Jones described today as a strong year.
On a constant currency basis, net income grew 5 percent to $162.6 million, while revenue rose 8 percent to $2.3 billion, according to Havas. The company ended the year with an operating margin of 13.5 percent, up slightly from 13.4 percent in 2011.
Organically, revenue for the year grew about 2 percent—a slower rate than bigger peers like Omnicom Group, WPP Group and Publicis Groupe, but more than Interpublic Group.
Looking ahead to this year, Jones expects a similar level of organic growth.
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