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    3. >Havas reports 2.5% first quarter revenue growth, boosted by US
    Finance

    Havas Reports 2.5% First Quarter Revenue Growth, Boosted by US

    Published by Global Banking & Finance Review®

    Posted on April 14, 2026

    1 min read

    Last updated: April 14, 2026

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    Quick Summary

    French ad group Havas posted a 2.5% year‑on‑year bump in Q1 net revenue to €638M, led by a strong U.S. showing. It upheld its full‑year guidance of 2–3% growth and reiterated plans for 5–10 acquisitions in 2026.

    Havas Reports 2.5% Q1 Revenue Growth Led by Strong US Performance

    Q1 2024 Financial Results Overview

    April 14 - French advertising firm Havas on Tuesday reported a 2.5% rise in net revenues to 638 million euros ($753 million) in the first quarter of the year, driven by a strong performance in the United States. 

    The group confirmed its full-year guidance of 2% to 3% net revenue growth, and reaffirmed its target of making five to ten acquisitions over the year.

    Regional Performance Breakdown

    North America

    • Net revenue in North America reached 230 million euros in the first quarter, up 7.4% organically, driven by several client wins offsetting weakness in healthcare advertising

    Europe

    • Havas posted 1.1% organic growth net revenue in Europe to 320 million euros

    APAC and Africa

    • Net revenue decreased 6.2% in APAC and Africa to 50 million euros, as the company lost clients in China and Singapore
    Middle East Exposure
    • The company flagged that its modest exposure to the Middle East was not materially impacted by the ongoing war

    ($1 = 0.8475 euros)

    (Reporting by Leo Marchandon in Gdansk; Editing by Matt Scuffham)

    Table of Contents

    • Q1 2024 Financial Results Overview
    • Regional Performance Breakdown
    • North America
    • Europe
    • APAC and Africa

    Key Takeaways

    • •Net revenue in North America surged to €230M in Q1 (+7.4% organically), driving overall growth.
    • •Europe delivered modest organic gain (1.1%), while APAC & Africa declined (-6.2%) amid client losses in China and Singapore.
    • •Havas confirmed its 2026 full‑year net revenue growth target of 2–3%, and reaffirmed its acquisition ambition of 5 to 10 deals.

    Frequently Asked Questions about Havas reports 2.5% first quarter revenue growth, boosted by US

    1What was Havas's net revenue growth in the first quarter of 2024?

    Havas reported a 2.5% rise in net revenues to 638 million euros in the first quarter of 2024.

    2Which region drove Havas's Q1 2024 revenue growth?

    The strong performance in the United States, with North America net revenue up 7.4% organically, drove the growth.

  • Middle East Exposure
  • 3How did Havas perform in Europe during Q1 2024?

    Havas posted 1.1% organic growth in net revenue in Europe, reaching 320 million euros.

    4What was the performance of Havas in APAC and Africa in Q1 2024?

    Net revenue in APAC and Africa decreased by 6.2% to 50 million euros due to client losses in China and Singapore.

    5What is Havas's outlook for the rest of 2024?

    Havas confirmed its full-year guidance of 2% to 3% net revenue growth and plans to make five to ten acquisitions in 2024.

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