Vincent Bollore Hosts Havas Press Conference
13 Dezember 2005 - 8:22PM
PR Newswire (US)
SURESNES, France, December 13 /PRNewswire-FirstCall/ -- At a press
conference today, Havas Chairman Vincent Bollore said that the
Group's finance team told him that: - revenue in 2005 is expected
to be around 1.41 billion euros (based on the budget exchange rate
assumption of EUR1 / $1.30), - organic growth should be in the
region of 1.5% in 2005, compared with 2.8% at the end of September
due notably to a month of December 2005 expected to be down
substantially compared with December 2004 which recorded unusually
strong revenues, - the 2005 operating margin (i.e., operating
income as a percentage of revenue) in IFRS should be closer to 10%
than to the 11.6% posted for 2004, - net income for 2005 should
remain positive. Concerning the outlook for 2006, Vincent Bollore
indicated that he believes the second half of the year should be
better than the first half which will remain adversely impacted by
the effects of accounts lost in 2005. These estimates for 2005 and
2006 are based on the Group's latest budget revisions. About Havas
Havas (Euronext Paris: HAV.PA ; Nasdaq: HAVS) is a global
advertising and communications services group. Headquartered in
Paris, Havas has three principal operating divisions: Euro RSCG
Worldwide which is headquartered in New York, Arnold Worldwide
Partners in Boston, and Media Planning Group in Barcelona. A
multicultural and decentralized Group, Havas is present in 77
countries through its networks of agencies located in 44 countries
and contractual affiliations with agencies in 33 additional
countries. The Group offers a broad range of communications
services, including traditional advertising, direct marketing,
media planning and buying, corporate communications, sales
promotion, design, human resources, sports marketing, multimedia
interactive communications and public relations. Havas employs
approximately 14,400 people. Further information about Havas is
available on the company's website: http://www.havas.com/
Forward-Looking Information This document contains certain
"forward-looking statements" within the meaning of the U.S. Private
Securities Litigation Reform Act of 1995. Forward-looking
statements relate to expectations, beliefs, projections, future
plans and strategies, anticipated events or trends and similar
expressions, concerning matters that are not historical facts.
These forward-looking statements reflect Havas' current views about
future events and are subject to risks, uncertainties, assumptions
and changes in circumstances that may cause Havas' actual results
to differ significantly from those expressed in any forward-looking
statement. Certain factors that could cause actual results to
differ materially from expected results include changes in global
economic, business, competitive market and regulatory factors. For
more information regarding risk factors relevant to Havas, please
see Havas' filings with the U.S. Securities and Exchange
Commission. Havas does not intend, and disclaims any duty or
obligation, to update or revise any forward-looking statements
contained in this document to reflect new information, future
events or otherwise. Contacts : Communications : Simon Gillham
Peggy Nahmany Tel : +33-(0)1-58-47-90-73 Investor Relations:
Stephane Houri Tel : +33-(0)1-58-47-91-35 DATASOURCE: Havas
CONTACT: Communications : Simon Gillham, Peggy Nahmany, Tel :
+33-(0)1-58-47-90-73, . Investor Relations: Stephane Houri, Tel :
+33-(0)1-58-47-91-35,
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