Havas has reported a net revenue of €638 million for the first quarter of 2026, registering an organic growth of 2.5% compared to the same period last year. The company has also recorded total revenue of €667 million, reflecting an organic growth of 2.8%.
The growth has been supported by strong performance in North America, where organic growth has reached 7.4%, driven primarily by creative and media divisions. The United States market has continued to contribute significantly to overall performance.
Regionally, Europe, contributing 50% of total net revenue, has posted a 1.1% organic growth, with France performing steadily and the United Kingdom remaining stable. North America, accounting for 36% of net revenue, has emerged as the strongest-performing region. Meanwhile, APAC and Africa have declined by 6.2%, and Latin America has remained largely stable with a marginal decline of 0.6%.
The company has also seen a positive impact of 1.7% on net revenue from recent acquisitions, while foreign exchange fluctuations, particularly involving the US dollar and British pound, have negatively impacted growth by 5.8%.
During the quarter, Havas has continued its acquisition strategy by taking majority stakes in four agencies, strengthening its capabilities across public affairs, data analytics, cultural marketing, and experiential services. The group has also maintained new business momentum through client wins and expansions with existing clients.
The company has retained its position in the WARC Creative 100 rankings for the sixth consecutive year, with three agencies featuring in the Top 50.
Havas has confirmed its 2026 guidance, projecting organic growth in net revenue between 2.0% and 3.0%, along with an adjusted EBIT margin in the range of 13.2% to 13.5%.
“Havas has started 2026 on a solid footing, continuing its momentum and delivering organic growth in net revenue of +2.5%. This performance, in line with our full year 2026 guidance, was driven in particular by continued strength in the US and reflects the resilience of our model and the quality of our recent new business wins across key markets. Building on the transformation delivered in recent years, we remain focused on disciplined execution, the continued deployment of our Converged strategy, and our commitment to empowering our teams through the roll-out of our AVA LLM portal and comprehensive training in AI and new technologies, further strengthening collaboration and value creation across the Group. While the environment remains uncertain, the fundamentals of our model and our ability to adapt with agility give us confidence in our capacity to deliver sustainable, profitable growth. I would like to thank our clients for their continued trust and recognize the commitment of our teams around the world, who play a central role in our success.” — Yannick Bolloré
