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Havas' billings soar

Published on .

Euro RSCG Worldwide parent Havas Advertising, Paris, said first-quarter billings soared 39.5% to $1.98 billion. The growth didn't include Havas' planned $2.2 billion acquisition of Snyder Communications, Bethesda, Md., to be completed later this year. Snyder reported first-quarter billings growth of 18%. Havas attributed its growth to record new business topping $1 billion and an aggressive global acquisition campaign taking place across its four divisions.

Copyright May 2000, Crain Communications Inc.

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