March 13, 2023

Vivendi’s top executives highlighted Havas’ 2022 results at a recent group analyst conference.

Yannick BolloréChairman of the Vivendi Supervisory Board, highlighted that Havas is continuing its policy of specific acquisitions in 2022 and that Havas achieved maintain strong growth in 2022Thank you for solid business results from its three divisions (Creative, Health & You and Media).

AND Arnaud de PuyfontaineVivendi’s Chairman of the Board of Directors, commented that “Havas is very strong in 2022, with impressive growth rate and repeated every quarter compared to the previous one”.

Vivendi’s top executive also highlighted the positive results from Havas aggressive foreign growth policythe biggest since 2015, which led to the acquisition of eight controlling stakes, including Tinkle in Spain.

Havas was acquired in 2022 eight majority shares which strengthens their geographical position and will strengthen the group’s future growth. Among them, which is done with clink (leader in strategic communications in Spain). Another acquisition is Fort brand (Australia, health communications), Expert Edge (United Kingdom, media), additive + (United Kingdom, data-driven creatives), Tracing Laboratory (English, digital media), Front Network (China, creativity), australian border (Australia, performance marketing), Inviqa (United States) and Kingdom (digital media)

Bolloré and de Puyfontaine also highlight that Havas’ results reflect the strength of the company, its growth trends and the success of its management model.

Havas’ growth has been the key to the very positive results achieved by Vivendi in 2022. In 2022, the group’s revenue will reach 9.595 million euros, an increase of 10.1% compared to 2021, mainly due to the performance of Havas (+424 million euros), growth from Channel+ Group (100 million euros) and a sharp increase in gameloft (56 million euros).

EBITA grew by 35.6% to 868 million euros thanks to the company’s strong operating performance (+10.0% alone) and contributions from Universal Music Group (UMG) and Lagardère and adjusted net profit excluding Telecom Italia increased by 19.4% to €677 million.

Vivendi’s top executive also highlighted the positive results of Havas’ aggressive foreign growth policy.

in 2022, Havas revenue is 2.765 million euros, 18.1% higher than in 2021 (+9.2% at constant exchange rate and perimeter). Net income is 2,590 million euros, 15.8% more than in 2021. For the fourth quarter of 2022, net profit is 745 million euros, 11.2% more that in the fourth quarter of 2021, among others a organic growth of +2.3%.

By 2022, all geographies achieve highly satisfactory organic growth. The two biggest contributors Europe (+7.6%) and North America (+5.2%) continue their strong track record of organic growth. Asia-Pacific (+5.8%) and Latin America (+13.6%) also reported good organic growth rates.

In 2022, EBITA after restructuring costs will be €286 millioncompared to 239 million euros in 2021, a increased by 19.7%.. He EBITA margin reaches 11.0% of net income (vs. 10.7% as of 31 December 2021), improved profitability over 2021 despite lower organic growth and significant increases in payroll costs.