Havas is now a totally built-in a part of Vivendi however nonetheless gives a helpful steer into adland’s fortunes and prospects for the yr.
In Q2 2022 its revenues elevated 11.5%, up slightlky on a powerful first quarter when it delivered 11.4%. Vivendi mentioned: “This wonderful half-year working efficiency is attributable to the sturdy industrial momentum constructed over current quarters throughout all three divisions: inventive, media and well being & wellness.”
“Every area reported sturdy natural development for the primary half of 2022: Europe +11.7%, North America +7.6%, Asia Pacific +10.7%, and a powerful restoration in Latin America +47.7%.”
CEO Yannick Bolloré says: “These sturdy outcomes give us each encouragement to maintain accelerating the tempo of our transformation, by simplifying our organisation and pursuing the deeper integration of our networks.” Bolloré mentioned he was “assured” concerning the second half.
Paperwork revealed with the outcomes solid some mild on the seemingly mysterious departure of Chris Hirst, the worldwide CEO of Havas Inventive. Inventive is now being rolled in with well being and wellness beneath well being boss Donna Murphy.
Well being and wellness purchasers accounted for a startling 31% of Havas Group’s internet revenues with finance (10%) and shopper items (9%) the subsequent greatest sectors in its consumer combine.
Murphy says: “This isn’t well being taking up inventive; that’s not what’s taking place right here. It’s leveraging the very best of every facet the place applicable.”
As with all such strikes, it’s greatest to comply with the cash.