Global communications firm Havas Group has reported a modest rise in Q3 organic revenue growth. The 0.1% growth is a full percentage point over the -0.9% reported in Q2, but over the first three quarters of this year Havas has stayed in negative territory at -0.3%. In other words, while there are signs that consumers have begun to spend more on online advertising, they aren’t spending it all online. Overall, Havas' consolidated group revenue for the first nine months of the year remained flat at €1.6bn ($1.9bn).
Global communications firm Havas Group has reported a modest rise in Q3 organic revenue growth. The 0.1% growth is a full percentage point over the -0.9% reported in Q2, but over the first three quarters of this year Havas has stayed in negative territory at -0.3%. Meanwhile, the company saw a recovery in the North American market, reporting an increase in organic growth to 2.9% in Q3, up from -1.7% in Q2. Overall, Havas' consolidated group revenue for the first nine months of the year remained flat at €1.6bn ($1.9bn).