Puteaux, April 21, 2016
We can also take satisfaction from the successful integration of recent acquisitions such as FullSix, Just:: Healthcare, CSA, Intervalles, Symbiotix and Tribu, all of which have already made positive contributions to the Group's results. And our strategy of integration scored another success with the creation of the new Havas Paris from the merging of the Havas Worldwide Paris and Havas 360 agencies.
On the strength of this performance, wholly in line with our forecasts, we can once again look to the months ahead with confidence."
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KEY FIGURES
Q1
Q1
Organic growth
2015
2016
Q1 2016
EUROPE
224
252
4.1%
of which
France
82
101
2.6%
UK
64
63
-1.6%
Other European
countries
78
88
10.6%
NORTH AMERICA
178
187
1.2%
APAC & AFRICA
36
38
4.3%
LATIN AMERICA
31
29
11.4%
TOTAL
469
506
3.4%
Revenue (in €M)
-
GENERAL COMMENTS
Consolidated Group revenue for the first quarter of 2016 was €506 million, up from €469 million in Q1 2015, representing reported growth of +7.8% and organic growth of +3.4%.
Exchange rate effects had a negative impact of €M7 over the first quarter. Scope variations had a positive impact of €M27.
Highlights by region:
Europe:Europe delivered organic growth of 4.1%. France turned in a positive performance thanks to close collaboration between the different areas of expertise in the Havas Village and strong growth from BETC Paris and Havas Media France. UK growth was held back by a high baseline, but the effects of recent new account wins should work through in the months ahead. Across the rest of Europe, the Group achieved organic growth of 10.6%, a performance driven by the media business. Germany, Portugal and Spain were the biggest contributors.
North America:After two years of very strong growth, North America reported growth of 1.2% for Q1 2015. The slowdown, in line with our forecasts, was due for the most part to a very high baseline. Across the board, creative activities and healthcare communications businesses kept up their constant growth. Havas WW Chicago was noteworthy for its sterling performance, delivering double-digit growth.
Asia-Pacific & Africa:The region reported solid growth of 4.3%. China and Australia emerged as the biggest contributors. Both benefited from the positive impact of last year's client wins such as Citroën or Defence Force Australia.
Latin America:Despite a difficult macro-economic environment, Havas reported an 11.4% growth surge, driven mainly by Brazil and Argentina which both won many new clients. All the businesses played their part in delivering this fine performance.
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NET NEW BUSINESS1
Net business net1in Q1 2016 held up strongly at €788 million. The start of the year was marked by a number of Havas Village wins:
Maersk: FullSix + Havas Media Denmark + Havas Media UK
Jameson: FullSix + Havas Worldwide London
TIM: Havas Worldwide Milan + Havas Media Brazil
Teva: Havas Worldwide New York + Conran Design Group
Among the most significant other wins of Q1 2016 were:
Havas Creative Group:
Aachen Münchener: Havas Worldwide Dusseldorf (content marketing) Angie's List: Arnold Worldwide (advertising duties) Bonduelle: Rosapark (advertising duties) Chiquita: Havas Worldwide Dusseldorf (digital duties)Decathlon: BETC São Paulo (digital agency of record)Danone Dumex: Havas Worldwide Malaysia (digital duties)Energizer: Camp + King (advertising duties) Jean Coutu: Havas Worldwide Canada (digital agency of record) Foxy: Havas Worldwide Milan (integrated duties) Heathrow Airport: Havas Worldwide London and Havas helia (integrated duties and CRM) Herbalife: Havas Worldwide Shanghai (advertising duties)Huawei: Havas Worldwide London (advertising duties)In/Fusion: Socialyse (social media) Mantequerias Arias: Havas Digital Spain (digital duties)mBank: Havas Worldwide Prague (integrated duties)Moën: Havas Worldwide Chicago (agency of record) Monsieur Meuble: Havas Worldwide Paris (integrated duties) Panda Express: Havas Formula (PR duties) UGG: Camp + King (advertising duties)Havas Media Group: Avant: Havas Media USA
Bauhaus: Havas Media Germany Bein Sports: Forward Media FranceBet 365: Havas Media SpainBrinsa: Arena Media Colombia Dr. Wolff: Havas Media Germany, Havas Media Austria, Havas Media Poland Efteling: Havas Media BelgiumElectropura: Arena Media MexicoHermes Parfums: Arena Media ItalyItaltile: Havas Media South AfricaLloreda: Havas Media SpainMetrokia: Havas Media ColombiaMoen: Havas Media USAMyCarNeedsA.com: Arena Media UK Optical Discount: Havas Media FranceParques Reunidos: Arena Media SpainProsegur: Arena Media Spain Savills: Arena Media UK Shpock: Havas Media ItalySquarespace: Havas Media AustraliaTIM: Z+ Brazil Uber: Arena Media UKUnipharm: Havas Media PolandWin Cash Live: Arena Media UKZdrovit: Havas Media Poland -
AWARDS AND ACCOLADES
Havas Group talents and agencies once again won widespread recognition for their creative excellence.
Group agencies lifted a total of 24 international awards, including two 'Best of Show' at the Mobius Awards. At the IAC Awards, Havas Worldwide Chicago scooped six awards for its clients Hefty, Sears and DishLATINO and Havas Worldwide Paris took another four for its campaigns for EDF and La Marine Nationale.
At regional level, in Asia-Pacific the RECMA awards ranked Havas Media Ortega the top media agency in the Philippines for the second year in succession. At the Mob-Ex Awards, Havas Worldwide Hong Kong carried off a total of 13 awards, including seven Gold, three Silver, one Bronze and two 'Best of Show'.
French agencies were awarded at the Club des DA (BETC Paris, Havas Worldwide Paris, Rosapark) and the Grand Prix Stratégies du Marketing Digital (FullSix France, Les Gaulois, BETC).
Havas Event, BETC,Havas Worldwide Paris andW garnered a total of 11 awards at Top Com. The Hits d'Or CB News awards namedBETC Paris Agency of the Year.The 2015 Gunn Report ranked 'Unicorns' for Canal+ by BETC Paris at number 10 in the Top 10 most awarded films worldwide.
In the UK, Havas PR UK took home three awards, including Best Campaign of the Year, from the RAD Awards for their campaign 'Is it in you to be a prison officer?'. The MAA Best Awards singled out Arnold KLP for Cineworld and AIS London for Skoda.
- CALENDAR
The Annual Shareholders' Meeting will be held on May 10, 2016 at 9.30am at the Havas headquarters in Puteaux.
The 2016 interim results will be announced on Thursday, July 21 at 5.45pm CET.
Havas SA issued this content on 21 April 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 21 April 2016 15:57:19 UTC
Original Document: http://www.havas.com/media/697613/CP_Q1_2016-EN_DEF.pdf