Earnings call transcript: Havas posts steady Q3 2026 growth as stock slips
Havas reported a 7.2% increase in Q3 2026 revenue to EUR 703 million, driven by 2.4% organic growth and acquisitions, despite some regional setbacks. The company maintains its full-year organic growth target of 2% to 3%, with North America leading growth at 7.5%. However, Asia Pacific and Africa saw a 6.7% organic decline, while Latin America contracted 4.2%.
Shares slipped 1.92% to $17.85, reflecting investor caution amid weaker performance in certain regions and healthcare. Havas expects continued growth from its acquisition strategy and remains committed to Saudi Arabia and the Middle East, despite ongoing challenges. CFO François Laroze highlighted the company's resilience and confidence in its margin outlook.
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