Havas Q4: Revenue Down 4.4%; Less Than Previous Three Quarters

Havas (Euronext Paris: HAV.PA) today reported a Q4 2009 revenue decline of 4.4%. The drop is less than the previous three quarters of 2009, where revenue declines all exceeded 8%. Revenue totaled approximately $648.6 million for the fourth quarter of 2009.

Revenue for all of 2009 fell 8.1 percent to $1.99 billion. The company said digital business increased revenue share “from 9% in 2006 to over 16%” in 2009.

In addition, Havas’ corporate communication businesses, “for the first time in the year returned to positive figures” in Q4 2009.