Havas Media Group reports 18.1% lift in full-year revenue; maintains growth aross all quarters

Darcy Song

March 9, 2023 4:10

French media holding group Vivendi has reported its full-year earnings for 2022. It indicated a strong performance of Havas Media Group, which saw an uplift of €424 million (A$677 million) in revenue this year compared to 2021.

Havas saw a full-year revenue of €2.76 billion (A$4.41 billion) in 2022, an 18.1% uplift year-on-year (YoY). The earnings before interest, taxes and amortisation (EBITA) was €286 million (A$457 million) in 2022, a 19.7% lift YoY with a restructuring cost of €14 million ($A22 million).

The agency group joined its global competitors that witnessed commercial momentum in their financial results despite economic turbulence, including IPG Mediabrands, Omnicom, and WPP.

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Darcy Song

Darcy Song was a reporter at Mumbrella, covering media owners, adtech and social platforms. She left in October 2023.