MAM

H1-2015: Havas revenue up 19% as India, China, Oz lead APAC growth

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/smartcrop_800x800/public/images/mam-images/2015/09/02/Untitled-1_3.jpg?itok=uPDv4Lrw

MUMBAI: Even as Havas’ operations in Asia Pacific felt the effects of the downturn caused by China's economic difficulties, the biggest contributors to H1 growth were India, China and Australia in the region.

 

The Group revenue in the first half (H1) of 2015 were 19.2 per cent up at €1034 million on an unadjusted basis, from €867 million in H1 2014. 

 

The agency’s Europe ops maintained sound growth of +5.1 per cent in Q2 2015, resulting in a highly satisfactory first half driven by strong performances from France, Spain, Germany and Italy in particular.



The North America region continued its strong growth, driven mainly by healthcare communications and creative agencies, whereas Latin America region reported satisfactory growth of 3.2 per cent for H1 2015. However, the pace of growth is now slowing due to a downturn in the economies of key countries such as Brazil and Mexico.



Havas CEO Yannick Bolloré said, “We are pleased to note satisfactory progress across all our regions.”



The Group's organic growth (excluding exchange rate variations and changes in the scope of consolidation) was +5.5 per cent in Q2 2015 and +6.3 per cent for H1 2015.



Exchange rate variations had a positive exchange rate impact of €85.6 million over the half year.



Havas’ income from operations for H1 2015 was €137 million, an increase of 21.7 per cent over €113 million for H1 2014. Income from operations margin for H1 2015 was 13.3 per cent compared to 13 per cent for the corresponding period in 2014, an increase of 30 basis points.



Operating income rose by 22.4 per cent to €128 million, compared to €104 million for the corresponding period in 2014.



The effective tax rate was 30.4 per cent, compared to 29 per cent in H1 2014.



Net income, Group share of €77 million in H1 2015 was up 27.6 per cent on H1 2014, representing 7.4 per cent of H1 2015 revenue. Net earnings per share (basic and diluted) increased by 23 per cent to €0.18.



Bolloré added, “Havas reported strong growth in its interim results, with revenue up by 19.2 per cent and income from operations margin up again, by 30 basis points to 13.3 per cent, driven by a powerful commercial dynamic and continued execution of our "Together" strategic plan. Our strategy to create the industry's most agile and integrated Group continues to deliver strong results because it is focused on supporting our clients through their process of transformation.”



“We also believe the macroeconomic movements of recent days may offer opportunities for Havas to win new clients attracted to an innovative agency model that offers a better response to their changing needs. This strong first-half performance gives us every confidence that our annual targets will be met. I would like to thank all our clients for placing their trust in us, and our 17,500 employees for their excellent work,” he said.

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/11/17/Vinay_Singhal-Amit_Gupta.jpg?itok=310KaVnH
WittyFeed brings Httpool on board as sales partner

MUMBAI: Httpool has appointed WittyFeed as its partner to monetise the website’s display ad inventories and be its exclusive representative for India.

MAM Marketing MAM
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/11/17/voda_0.jpg?itok=88Fe3vhg
Vodafone launches industry’s first end-to-end IoT solution

MUMBAI: The internet has come a long way from connecting only mobile phones and laptops to include smart homes, wearable technology, and smart cities. With the growing recognition for Internet of Things (IoT), the market for IoT in India is poised to reach $9 billion by 2020.

MAM Marketing Brands
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/11/17/delhi.jpg?itok=ts4wb1wL
Virat Kohli & Ola team up against Delhi air pollution

MUMBAI: With Delhi-NCR battling smog and heavy air pollution levels over the past week, Ola has kicked off the fourth leg of its year-long campaign, #FarakPadtaHai. The campaign was launched on 5 June, World Environment Day, to raise awareness about congestion and pollution issues and encourage the...

MAM Marketing MAM
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/11/17/airtel%20800x800.jpg?itok=BjRBdZD9
Airtel & Karbonn launch affordable smartphones for aspiring India

MUMBAI: In order to strengthen its presence in the ongoing telecom battle, Bharti Airtel will launch two new Android-powered 4G smartphones in partnership with Karbonn Mobiles.

MAM Marketing MAM
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/11/16/cera%20800x800_1.jpg?itok=k5GA-lHT
CERA hands over full-service charge to Publicis India

MUMBAI: Publicis India has won a multi-agency pitch to handle the full-service responsibilities of CERA, the home solutions provider based out of Ahmedabad. It will be taken care of by its Delhi office.

MAM Media and Advertising Account
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/11/16/mansoor-ali.jpg?itok=Am77kUB4
FCB Ulka to handle Hamdard creatives

MUMBAI: Hamdard Laboratories has assigned the creative mandate for its flagship brands to FCB Ulka following a multi-agency pitch.

MAM Media and Advertising Account
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/11/16/categoery%20800x800_0.jpg?itok=gvmdi6C_
Fair & Lovely assigns digital mandate to The Glitch

MUMBAI: HUL’s largest skincare brand Fair & Lovely has handed its digital mandate to The Glitch. The agency will manage its communication strategy, social media marketing and brand management across digital platforms. The account will be handled from Mumbai.

MAM Media and Advertising Account
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/11/15/BankBazaar%20800x800.jpg?itok=zotFfxm9
BankBazaar uses music to make you #GoPaperless

MUMBAI: Online financial marketplace, BankBazaar, has launched a #GoPaperless music video to encourage digital adoption for finance-related queries. Ditching the staid old set-up, the music video gives personal finance a fun twist and explains the advantages of paperless banking in an unexpected...

MAM Media and Advertising Ad Campaigns
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/11/15/Pantene.jpg?itok=ebEw0Ykt
Lilly Singh & Priyanka Chopra promote Pantene hair oil replacement

MUMBAI: The memory of our mothers chasing us to apply oil in our hair while we bounce around to escape it is a memory almost every Indian woman remembers. To solve this, Pantene has roped in YouTuber Lilly Singh and Priyanka Chopra.

MAM Media and Advertising Ad Campaigns

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories