Havas' profit down, but billings up

09/29/2006 | Adweek

Havas' operating income in the first half of this year dropped 18% to $80 million on a 3% revenue increase to $915 million, vs. the first six months of 2005. The Paris-based holding company also listed a 40% dip in net profit to $27 million. One bright spot was the addition of $1.1 billion in net new business for the period.

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