{"id":43730,"date":"2026-07-23T20:45:00","date_gmt":"2026-07-23T18:45:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=3fb35718eac1a6a3496784e06e0ae5bd"},"modified":"2026-07-23T20:45:00","modified_gmt":"2026-07-23T18:45:00","slug":"havas-reports-solid-h1-2026-results-with-organic-growth-of-2-5-and-further-improvement-in-adjusted-ebit-margin","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=43730","title":{"rendered":"Havas Reports Solid H1 2026 Results With Organic Growth of +2.5% and Further Improvement in Adjusted EBIT Margin"},"content":{"rendered":"<p>\n<b><i>Key financial highlights in first-half 2026:<\/i><\/b><\/p><br\/><a href=\"https:\/\/mms.businesswire.com\/media\/20260723984985\/en\/2287636\/5\/FLW_Logo_Red_RGB_%281%29.jpg\"><img src=\"https:\/\/mms.businesswire.com\/media\/20260723984985\/en\/2287636\/22\/FLW_Logo_Red_RGB_%281%29.jpg\" \/><\/a><br\/><a href=\"https:\/\/mms.businesswire.com\/media\/20260723984985\/en\/2287636\/5\/FLW_Logo_Red_RGB_%281%29.jpg\"><img src=\"https:\/\/mms.businesswire.com\/media\/20260723984985\/en\/2287636\/21\/FLW_Logo_Red_RGB_%281%29.jpg\" \/><\/a><ul class=\"bwlistdisc\">\n<li>\n<b><i>Second-quarter net revenue was up +3.8% at 724 million euros, thanks to a stronger M&amp;A contribution and the lower negative impact of foreign exchange currencies<\/i><\/b><\/li>\n<li>\n<b><i>Net revenue totaled 1,362 million euros, supported by solid organic growth of +2.5%, adjusted EBIT of 150 million euros, for a margin of 11.0%, up 30 basis points from last year<\/i><\/b><\/li>\n<li>\n<b><i>Net income, Group share increased strongly, up +13.5% to 84 million euros<\/i><\/b><\/li>\n<li>\n<b><i>Net cash at end-June 2026 stood at (76) million euros, compared with (79) million euros at end-June 2025<\/i><\/b><\/li>\n<\/ul><p>\n<b><i>Guidance for full-year 2026 is confirmed:<\/i><\/b><\/p><ul class=\"bwlistdisc\">\n<li>\n<b><i>Organic growth: from +2.0% to +3.0%<\/i><\/b><\/li>\n<li>\n<b><i>Adjusted EBIT margin: from 13.2% to 13.5%<\/i><\/b><\/li>\n<li>\n<b><i>Dividend pay-out ratio of around 40%<\/i><\/b><\/li>\n<\/ul><p>PARIS--(BUSINESS WIRE)--Regulatory News:<\/p><p>\n<b>Yannick Bollor\u00e9<\/b>, Chairman and CEO of Havas (AEX:HAVAS), said: \u201cHavas delivered a solid first-half performance in 2026, achieving organic growth of +2.5% and a further 30 basis-point improvement in adjusted EBIT margin. This performance reflects the resilience of our model, the strength of our client relationships, and the continued success of our Converged strategy. We are seeing momentum in New Business across the Group. We are also pleased with the progress at Horizon Global, our joint venture with Horizon Media, as we continue to build a differentiated approach for modern marketers. Additionally, we continue to invest in areas of growing client demand through targeted acquisitions that strengthen our capabilities in sports marketing, experiential activation, and corporate influence, helping our clients build more desirable brands and forge deeper connections with consumers. As our industry evolves, we remain convinced that agencies closest to clients\u2019 needs and businesses, combined with the power of our Converged.AI operating system and our disciplined investment in AI, are best positioned to adapt quickly, anticipate client challenges, and unlock growth. I would like to thank our clients for their continued trust and our teams around the world for their commitment and outstanding work.\u201d<\/p><p>\n<b>KEY FIGURES<\/b><\/p><table cellspacing=\"0\" class=\"bwtablemarginb bwblockalignl bwwidth100\">\n<tr>\n<td class=\"bwwidth55 bwpadl1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<i>In millions of euros<\/i><\/p><p class=\"bwcellpmargin\">\n<i>(unaudited figures)<\/i><\/p><\/td><td class=\"bwwidth15 bwalignc bwpadl1 bwrowaltcolor0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n<b>H1 2026<\/b><\/p><\/td><td class=\"bwwidth15 bwalignc bwpadl1 bwrowaltcolor0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n<b>H1 2025<\/b><\/p><\/td><td class=\"bwwidth15 bwalignc bwpadl1 bwrowaltcolor0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n<b>% change<\/b><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwwidth55 bwpadl1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n\u00a0<\/p><\/td><td class=\"bwwidth15 bwalignc bwpadl1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n\u00a0<\/p><\/td><td class=\"bwwidth15 bwalignc bwpadl1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n\u00a0<\/p><\/td><td class=\"bwwidth15 bwalignc bwpadl1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n\u00a0<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwwidth55 bwpadl1 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<b>Revenue<\/b><\/p><\/td><td class=\"bwpadr0 bwvertalignb bwwidth15 bwalignc bwpadl1 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<b>1,416<\/b><\/p><\/td><td class=\"bwpadr0 bwvertalignb bwwidth15 bwalignc bwpadl1 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<b>1,408<\/b><\/p><\/td><td class=\"bwwidth15 bwalignc bwpadl1 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n<b>+0.6%<\/b><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwwidth55 bwpadl1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n\u00a0<\/p><\/td><td class=\"bwwidth15 bwalignc bwpadl1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n\u00a0<\/p><\/td><td class=\"bwwidth15 bwalignc bwpadl1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n\u00a0<\/p><\/td><td class=\"bwwidth15 bwalignc bwpadl1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n\u00a0<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwrowaltcolor0 bwwidth55 bwpadl1 bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<b>Net revenue<sup>1<\/sup><\/b><\/p><\/td><td class=\"bwrowaltcolor0 bwwidth15 bwalignc bwpadl1 bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n<b>1,362<\/b><\/p><\/td><td class=\"bwrowaltcolor0 bwwidth15 bwalignc bwpadl1 bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n<b>1,346<\/b><\/p><\/td><td class=\"bwrowaltcolor0 bwwidth15 bwalignc bwpadl1 bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n<b><i>+1.2%<\/i><\/b><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwrowaltcolor0 bwwidth55 bwpadl1 bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<b><i>Organic growth<sup>2<\/sup><\/i><\/b><\/p><\/td><td class=\"bwrowaltcolor0 bwwidth15 bwalignc bwpadl1 bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n<b><i>+2.5%<\/i><\/b><\/p><\/td><td class=\"bwrowaltcolor0 bwwidth15 bwalignc bwpadl1 bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n<b><i>+2.3%<\/i><\/b><\/p><\/td><td class=\"bwrowaltcolor0 bwwidth15 bwalignc bwpadl1 bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n\u00a0<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwwidth55 bwpadl1 bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n\u00a0<\/p><\/td><td class=\"bwwidth15 bwalignc bwpadl1 bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n\u00a0<\/p><\/td><td class=\"bwwidth15 bwalignc bwpadl1 bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n\u00a0<\/p><\/td><td class=\"bwwidth15 bwalignc bwpadl1 bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n\u00a0<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwwidth55 bwpadl1 bwrowaltcolor0 bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<b>Adjusted EBIT<sup>3<\/sup><\/b><\/p><\/td><td class=\"bwpadr0 bwwidth15 bwalignc bwpadl1 bwrowaltcolor0 bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<b><i>150<\/i><\/b><\/p><\/td><td class=\"bwpadr0 bwwidth15 bwalignc bwpadl1 bwrowaltcolor0 bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<b>144<\/b><\/p><\/td><td class=\"bwwidth15 bwalignc bwpadl1 bwrowaltcolor0 bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n<b><i>+4.2%<\/i><\/b><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwwidth55 bwpadl1 bwrowaltcolor0 bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<b><i>% margin<\/i><\/b><\/p><\/td><td class=\"bwpadr0 bwwidth15 bwalignc bwpadl1 bwrowaltcolor0 bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<b><i>11.0%<\/i><\/b><\/p><\/td><td class=\"bwpadr0 bwwidth15 bwalignc bwpadl1 bwrowaltcolor0 bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<b>10.7%<\/b><\/p><\/td><td class=\"bwwidth15 bwalignc bwpadl1 bwrowaltcolor0 bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n<b><i>+30bps<\/i><\/b><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwwidth55 bwpadl1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n\u00a0<\/p><\/td><td class=\"bwwidth15 bwalignc bwpadl1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n\u00a0<\/p><\/td><td class=\"bwwidth15 bwalignc bwpadl1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n\u00a0<\/p><\/td><td class=\"bwwidth15 bwalignc bwpadl1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n\u00a0<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwwidth55 bwpadl1 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<b>Net income<\/b><\/p><\/td><td class=\"bwpadr0 bwvertalignb bwwidth15 bwalignc bwpadl1 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<b>90<\/b><\/p><\/td><td class=\"bwpadr0 bwvertalignb bwwidth15 bwalignc bwpadl1 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<b>80<\/b><\/p><\/td><td class=\"bwwidth15 bwalignc bwpadl1 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n<b>+12.5%<\/b><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwwidth55 bwpadl1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n\u00a0<\/p><\/td><td class=\"bwwidth15 bwalignc bwpadl1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n\u00a0<\/p><\/td><td class=\"bwwidth15 bwalignc bwpadl1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n\u00a0<\/p><\/td><td class=\"bwwidth15 bwalignc bwpadl1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n\u00a0<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwwidth55 bwpadl1 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<b>Net income, Group share<\/b><\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadb3 bwwidth15 bwalignc bwpadl1 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<b>84<\/b><\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadb3 bwwidth15 bwalignc bwpadl1 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<b>74<\/b><\/p><\/td><td class=\"bwwidth15 bwalignc bwpadl1 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n<b>+13.5%<\/b><\/p><\/td><\/tr>\n<\/table><p>\nUnaudited consolidated financial statements for the first half ended June 30, 2026, are appended to this press release. For definitions of Alternative Performance Measures, or non-IFRS measures, please refer to the financial glossary, also appended to this press release.<\/p><p>\n<b>BUSINESS REVIEW<\/b><\/p><table cellspacing=\"0\" class=\"bwtablemarginb bwblockalignl bwwidth100\">\n<tr>\n<td class=\"bwwidth55 bwpadl1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nNet revenue<\/p><p class=\"bwcellpmargin\">\n(unaudited figures)<\/p><\/td><td class=\"bwrowaltcolor0 bwwidth15 bwalignc bwpadl1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n<b>Q1 2026<\/b><\/p><\/td><td class=\"bwrowaltcolor0 bwwidth15 bwalignc bwpadl1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n<b>Q2 2026<\/b><\/p><\/td><td class=\"bwrowaltcolor0 bwwidth15 bwalignc bwpadl1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n<b>H1 2026<\/b><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwwidth55 bwpadl1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nIn millions of euros<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadb3 bwwidth15 bwalignc bwpadl1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n638<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadb3 bwwidth15 bwalignc bwpadl1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n724<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadb3 bwwidth15 bwalignc bwpadl1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n1,362<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwwidth55 bwpadl1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n% total growth<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwwidth15 bwalignc bwpadl1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n-1.6%<\/p><\/td><td class=\"bwwidth15 bwalignc bwpadl1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n+3.8%<\/p><\/td><td class=\"bwwidth15 bwalignc bwpadl1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n+1.2%<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwwidth55 bwpadl1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n% scope effect<\/p><\/td><td class=\"bwwidth15 bwalignc bwpadl1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n+1.7%<\/p><\/td><td class=\"bwwidth15 bwalignc bwpadl1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n+2.5%<\/p><\/td><td class=\"bwwidth15 bwalignc bwpadl1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n+2.1%<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwwidth55 bwpadl1 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<b>% organic growth<\/b><\/p><\/td><td class=\"bwwidth15 bwalignc bwpadl1 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n<b>+2.5%<\/b><\/p><\/td><td class=\"bwwidth15 bwalignc bwpadl1 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n<b>+2.5%<\/b><\/p><\/td><td class=\"bwwidth15 bwalignc bwpadl1 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n<b>+2.5%<\/b><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwwidth55 bwpadl1 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<i>% organic growth in 2025<\/i><\/p><\/td><td class=\"bwwidth15 bwalignc bwpadl1 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n<i>+2.1%<\/i><\/p><\/td><td class=\"bwwidth15 bwalignc bwpadl1 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n<i>+2.6%<\/i><\/p><\/td><td class=\"bwwidth15 bwalignc bwpadl1 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n<i>+2.3%<\/i><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwwidth55 bwpadl1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n% forex effect<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadb3 bwwidth15 bwalignc bwpadl1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n-5.8%<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadb3 bwwidth15 bwalignc bwpadl1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n-1.2%<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadb3 bwwidth15 bwalignc bwpadl1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n-3.4%<\/p><\/td><\/tr>\n<\/table><p>\n<b>Solid organic growth in second-quarter 2026:<\/b><\/p><p>\nThe second quarter of 2026 was another solid quarter for Havas:<\/p><ul class=\"bwlistdisc\">\n<li>\nNet revenue reached 724 million euros, up +2.5% on an organic basis;<\/li>\n<li>\nAfter considering a positive +2.5% scope effect<sup>4<\/sup> and a negative -1.2% foreign exchange effect<sup>5<\/sup> (mainly in connection with the US dollar and British pound, and also with the Indian rupee and Argentine peso), total growth came out at +3.8% for the second quarter of 2026.<\/li>\n<\/ul><p>\n<b>Solid performance in first-half 2026:<\/b><\/p><ul class=\"bwlistdisc\">\n<li>\nRevenue increased by +0.6% to 1,416 million euros, while pass-through costs declined by -12.9%.<\/li>\n<li>\nNet revenue came out at 1,362 million euros, up +2.5% on an organic basis<sup>6<\/sup> (compared with +2.3% one year earlier), in the mid-point of the full-year 2026 guidance.<\/li>\n<li>\nChanges in the scope of consolidation had a positive +2.1% impact on growth, while changes in foreign exchange rates had a negative -3.4% impact, mainly reflecting the evolution of the US dollar, British pound, Indian rupee and Argentine peso.<\/li>\n<\/ul><p>\n<b>Business Lines<\/b><\/p><p>\nNet revenue reflects the contributions of the three main Business Lines: <b>Havas Media<\/b> (38% of net revenue), <b>Havas Creative<\/b> (42% of net revenue), and <b>Havas Health<\/b> (20% of net revenue).<\/p><p>\n<b>ORGANIC NET REVENUE GROWTH BY GEOGRAPHICAL REGION<\/b><\/p><table cellspacing=\"0\" class=\"bwtablemarginb bwblockalignl bwwidth100\">\n<tr>\n<td class=\"bwpadl1 bwwidth55\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<b>Organic growth %<\/b><\/p><p class=\"bwcellpmargin\">\n(unaudited figures)<\/p><\/td><td class=\"bwrowaltcolor0 bwpadl1 bwwidth15 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n<b>Q1 2026<\/b><\/p><\/td><td class=\"bwrowaltcolor0 bwpadl1 bwwidth15 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n<b>Q2 2026<\/b><\/p><\/td><td class=\"bwrowaltcolor0 bwpadl1 bwwidth15 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n<b>H1 2026<\/b><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwpadl1 bwwidth55\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nEurope<\/p><\/td><td class=\"bwpadl1 bwwidth15 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n+1.1%<\/p><\/td><td class=\"bwpadl1 bwwidth15 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n+0.3%<\/p><\/td><td class=\"bwpadl1 bwwidth15 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n+0.7%<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwpadl1 bwwidth55\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nNorth America<\/p><\/td><td class=\"bwpadl1 bwwidth15 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n+7.4%<\/p><\/td><td class=\"bwpadl1 bwwidth15 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n+6.4%<\/p><\/td><td class=\"bwpadl1 bwwidth15 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n+6.9%<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwpadl1 bwwidth55\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nAPAC and Africa<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth15 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n-6.2%<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth15 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n-3.5%<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth15 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n-4.8%<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwpadl1 bwwidth55\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nLatin America<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadb3 bwpadl1 bwwidth15 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n-0.6%<\/p><\/td><td class=\"bwpadl1 bwwidth15 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n+7.7%<\/p><\/td><td class=\"bwpadl1 bwwidth15 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n+4.0%<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwpadl1 bwwidth55\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<b>Group total<\/b><\/p><\/td><td class=\"bwpadl1 bwwidth15 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n<b>+2.5%<\/b><\/p><\/td><td class=\"bwpadl1 bwwidth15 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n<b>+2.5%<\/b><\/p><\/td><td class=\"bwpadl1 bwwidth15 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n<b>+2.5%<\/b><\/p><\/td><\/tr>\n<\/table><p>\n<b>Europe (50% of net revenue):<\/b> organic growth in net revenue stood at +0.3% in the second quarter of 2026 (+2.6% in Q2 2025). While France and the United Kingdom were slightly negative on an organic basis, other markets, such as Germany, Italy, Portugal, Poland, Netherlands and Sweden, were more dynamic, in both the Creative and Media segments. In first-half 2026, year-on-year organic growth for Europe was +0.7% compared with first-half 2025.<\/p><p>\n<b>North America (35% of net revenue):<\/b> after a very good start to the year, the American agencies maintained their strong momentum on net revenue with +6.4% organic growth in the second quarter of 2026, driven by both the Creative and Media segments. North America\u2019s year-on-year performance remained particularly strong in the first half of 2026, at +6.9%, despite some impact at Havas Health related to a number of molecules that did not advance to launch following Phase III trial outcomes.<\/p><p>\n<b>Asia Pacific &amp; Africa (8% of net revenue): <\/b>APAC &amp; Africa recorded negative organic growth of -3.5% in the second quarter. The region continued to be impacted by China, albeit to a lesser extent than in the first quarter, and by the Middle East, where the decline continued in the second quarter in connection with the geopolitical conflict over the period (see \u201cExposure to Middle East\u201d below). India remained strongly positive. Organic growth came out at -4.8% for the first six months of 2026.<\/p><p>\n<b>Latin America (7% of net revenue):<\/b> the region recorded strong business activity and returned to growth in the second quarter of 2026 (following a contraction in the first quarter), with net revenue increasing by +7.7% year on year. Latin America posted organic growth of +4.0% in the first six months of the year.<\/p><p>\n<b>ANALYSIS OF FIRST-HALF 2026 FINANCIAL PERFORMANCE<\/b><\/p><p>\nThe main items of the consolidated income statements for the first half of 2026 are described below. For more detailed financial information, please refer to the unaudited consolidated financial statements in the appendix.<\/p><p>\n<b>Adjusted EBIT<\/b><sup>7<\/sup> amounted to 150 million euros, up 4.2% compared with the first half of 2025.\n<br\/>This positive evolution mainly reflects tight control over personnel costs (staff costs and share-based compensation expenses amounting to 932 million euros in the first half of 2026), which were stable year-on-year. At the end of June 2026, the headcount stood at 22,960 people, of whom 343 from acquisitions, compared with 22,795 last year. While other operating expenses increased by 15 million euros, depreciation and amortization were stable year-on-year.<\/p><p>\n<b>Adjusted EBIT margin<\/b><sup>8<\/sup> came out at 11.0%, compared with 10.7% in the first half of 2025, for a 30bp improvement year-on-year.<\/p><p>\n<b>Restructuring costs<\/b> amounted to 13 million euros for the first half of 2026, compared with 7 million euros in the first half of 2025. This increase is linked to the continuous improvement of operating efficiency, as well as changes in executive leadership teams in several markets.<\/p><p>\n<b>Net financial expense <\/b>totaled 7 million euros in the first half of 2026, compared with 17 million euros in the first half of 2025. This variation resulted mainly from net foreign exchange results equal to zero in first-half 2026 compared with a negative 10 million euros in first-half 2025.<\/p><p>\n<b>Income taxes <\/b>for the first half of 2026 amounted to 40 million euros. <b>The effective tax rate<\/b> improved over the period, reaching 30.6%, compared with 31.8% in first-half 2025.<\/p><p>\nNet income attributable to <b>non-controlling interests<\/b> was stable at 6 million euros year-on-year.<\/p><p>\n<b>Net income, Group share<\/b> amounted to 84 million euros in first-half 2026, compared with 74 million in first-half 2025, for an increase of +13.5%.<\/p><p>\n<b>CASH FLOW GENERATION AND FINANCIAL STRUCTURE<\/b><\/p><p>\nThe main cash flow and financial position items for the first half of 2026 are described below. For more detailed financial information, please refer to the unaudited consolidated financial statements in the appendix.<\/p><p>\n<b><span class=\"bwuline\">Cash flow generation and cash use in the first half of 2026<\/span><\/b><\/p><p>\n<b>Operating cash flow generated by activities before working capital<sup>9<\/sup><\/b> amounted to 139 million euros in the first half of 2026, up +18.8% (117 million euros in the first half of 2025). This evolution is coherent with the solid growth in net cash provided by operating activities and the trend in working capital.<\/p><p>\n<b>Changes in working capital<\/b> represented an outflow of 212 million euros in the first half of 2026, versus an outflow of 183 million euros in the first half of 2025.<\/p><p>\n<b>Capital expenditure <\/b>(intangible and tangible assets) decreased slightly to 14 million euros in the first half of 2026, compared with 15 million euros in the first half of 2025.<\/p><p>\n<b>Financial investment <\/b>(M&amp;A and financial assets) totaled 98 million euros in the first half of 2026:<\/p><ul class=\"bwlistdisc\">\n<li>\n43 million euros in M&amp;A (including payments related to downpayments, earn-outs and buy-outs);<\/li>\n<li>\n34 million euros in Louis Hachette Group shares (see \u201cFinancial Investment\u201d below);<\/li>\n<li>\nand 19 million euros in a minority stake in Vurvey Labs (see \u201cFinancial Investment\u201d below).<\/li>\n<\/ul><p>\nFinancial investment totaled 25 million euros in the first half of 2025.<\/p><p>\n<b>Tax paid amounted<\/b> to 24 million euros, compared with 37 million euros in first-half 2025, mainly reflecting tax refunds received<i> <\/i>from the French authority following the implementation of the tax consolidation group in 2025.<\/p><p>\n<b>Transactions with shareholders <\/b>amounted to 92 million euros in the first half of 2026, of which 78 million euros to Havas N.V. shareholders paid on May 21, 2026 (see \u201cDividend\u201d below) and 7 million euros to minorities. In addition, <b>the Company bought back Havas N.V. shares<\/b> for 7 million euros in first-half 2026 (see \u201cShare buyback program\u201d below), compared with 4 million euros in first-half 2025.<\/p><p>\nThe<b> effect of exchange rate changes on net cash <\/b>was a positive 18 million euros, compared with a negative 59 million euros in first-half 2025, mainly due to a more favorable euro\/dollar trend.<\/p><p>\n<b><span class=\"bwuline\">Financial structure<\/span><\/b><\/p><p>\n<b>Consolidated equity<\/b> stood at 1,861 million euros at end-June 2026, compared with 1,841 million euros at end-December 2025.<\/p><p>\nAs of June 30, 2026, <b>net cash<\/b><sup>10<\/sup> stood at (76) million euros, compared with (79) million euros for the same period last year.<\/p><p>\nAt end-June 2026, <b>gross debt<\/b> totaled 378 million euros, while <b>cash and cash equivalents stood<\/b> at 302 million euros. <b>Available liquidity<\/b><sup>11<\/sup> totaled 1,301 million euros.<\/p><p>\n<b>SECOND-QUARTER 2026 HIGHLIGHTS<\/b><\/p><p>\n<b><span class=\"bwuline\">Client business momentum<\/span><\/b><\/p><p>\nIn second-quarter 2026, Havas delivered solid New Business performance and continued to generate growth opportunities with both new and existing clients. The Group leveraged its Converged.AI operating system and integrated approach to support client retention and In-Business growth.<\/p><p>\n<b><span class=\"bwuline\">Acquisitions of independent agencies (majority stakes)<\/span><\/b><\/p><p>\nSince the beginning of 2026, the Group has continued to pursue its strategy of bolt-on and targeted acquisitions and acquired eight majority stakes, of which:<\/p><ul class=\"bwlistdisc\">\n<li>\n<b>four agencies acquired in the first quarter:<\/b> for detailed information, please refer to the first-quarter 2026 financial press release<sup>12<\/sup>;<\/li>\n<li>\n<b>three agencies acquired in the second quarter<\/b>:\n<ul class=\"bwlistcircle\">\n<li>\n<b>Format (France)<\/b>, a leading independent corporate influence communications firm specializing in media relations, social media, content creator engagement, and content production, has joined forces with Havas Paris and strengthened H\/Advisors, the Group\u2019s global strategic advisory and communications network;<\/li>\n<li>\n<b>Archrival (United States<\/b>) an award-winning sports marketing agency with specialized expertise in youth culture, experiential activation, and community engagement, further strengthens Havas Play, the Group\u2019s experiential marketing arm;<\/li>\n<li>\n<b>MUT (Spain)<\/b>, a leader in impact-driven experiential marketing and sustainable events, strengthening Havas\u2019 experiential marketing offering in Spain;<\/li>\n<\/ul><\/li>\n<li>\n<b>one additional agency in July<\/b>, after the closing date:<b> SportVibes<\/b>, see \u201cEvents after the reporting date\u201d below.<\/li>\n<\/ul><p>\n<b><span class=\"bwuline\">Horizon Global, operating Joint Venture<\/span><\/b><\/p><p>\nAfter several months of close collaboration, Horizon Global, the operating joint venture between Havas and Horizon Media, continues to make encouraging progress. Recent developments include a strengthening commercial pipeline, substantial expansion potential in the United States and new business wins, including a multi-market assignment.<\/p><p>\nThese developments reflect the growing relevance of Horizon Global\u2019s differentiated offering, increasingly powered by BluConverged and AI-enabled solutions.<\/p><p>\n<b>FINANCIAL INVESTMENT<\/b><\/p><p>\n<b><span class=\"bwuline\">Louis Hachette Group shares<\/span><\/b><\/p><p>\nFrom March 23, 2026, to June 26, 2026, 20,551,616 Louis Hachette Group shares were bought at 1.66 euros per share, average share price, representing 2.07% of the share capital of Louis Hachette Group.<\/p><p>\nFor Havas, this represents an attractive financial investment diversification, with no impact on our strategy, guidance, or disciplined approach to capital allocation.<\/p><p>\n<b><span class=\"bwuline\">Vurvey Labs<\/span><\/b><\/p><p>\nIn June 2026, Havas increased its investment in Vurvey Labs, a next-generation agentic intelligence scale-up, combining real consumer interviews with AI-powered agents to help brands uncover deep behavioral insights at scale and translate them into actionable strategies and creative decisions.<\/p><p>\nThis investment totaled 19 million euros.<\/p><p>\n<b>SHARE BUYBACK AND TREASURY SHARES<\/b><\/p><p>\nOn May 13, 2026, Havas N.V. announced the renewal of its share buyback program for its own ordinary shares for a maximum aggregate amount of 50 million euros. This program will remain in effect until the next Annual General Meeting of Shareholders, scheduled for 2027. The purpose of this program may be used to reduce share capital or as a short or long-term incentive for management or employee share plans.<\/p><p>\nIn first-half 2026, Havas N.V. repurchased 448,569 shares at an average price of 16.39 euros per share, for an aggregate amount of around 7 million euros.<\/p><p>\nFrom May 14, 2026, to June 30, 2026, Havas N.V. repurchased 37,816 shares at an average price of 16.71 euros per share, for an aggregate amount of around 1 million euros.<\/p><p>\nAs of June 30, 2026, treasury shares were 1,587,219 Havas N.V. ordinary shares (compared with 1,138,650 on December 31, 2025).<\/p><p>\n<b>DIVIDEND<\/b><\/p><p>\nThe Annual General Meeting of Shareholders held on May 13, 2026, approved the distribution for fiscal year 2025 of 0.80 euros per ordinary share.<\/p><p>\nThe distribution, representing a total amount of 78 million euros, was paid on May 21, 2026 (ex-date May 15, 2026).<\/p><p>\n<b>EVENTS AFTER THE REPORTING DATE<\/b><\/p><p>\nSince June 30, 2026, Havas announced the acquisition of a majority stake in one additional agency:<\/p><ul class=\"bwlistdisc\">\n<li>\n<b>SportVibes (Netherlands)<\/b>,<b> <\/b>a leading Dutch sports marketing agency that helps brands connect with fans through content, live experiences, and influencer campaigns, further enhancing Havas Play\u2019s offering across Benelux and Europe.<\/li>\n<\/ul><p>\n<b>OUTLOOK<\/b><\/p><p>\n<b><span class=\"bwuline\">Exposure to the Middle East<\/span><\/b><\/p><p>\nHavas has limited exposure to the Middle East. The Group operates in Dubai, Oman, Saudi Arabia and Israel, which together represented a weighted 1.6% of Group net revenue in the first half of 2026. The region continued to decline in the second quarter, slightly less than the trend observed in March, reflecting the impact of the geopolitical conflict over the period. The Group confirms that these events have no material impact on its financial statements and will continue to monitor the situation closely, taking any necessary action should circumstances evolve. The mid-to-long-term growth opportunity with Creative Powerhouse expansion remained unchanged.<\/p><p>\n<b><span class=\"bwuline\">Guidance<\/span><\/b><\/p><p>\nHavas enters the second half of 2026 with confidence. Despite an uncertain macroeconomic and geopolitical environment, the Group will continue to build on the strengths of its integrated and client-centric model, diversified geographic footprint, and strong client relationships.<\/p><p>\nWith strong fundamentals in place, Havas will continue to invest through targeted acquisitions and organic investments in areas of growing client demand, including sports marketing, experiential activations, events, strategic advisory, and AI-powered content at scale. The Group will also accelerate the deployment of its Converged.AI operating system across the organization, further enhancing its ability to help clients navigate complexity and unlock growth.<\/p><p>\n<b>Havas confirms its guidance for fiscal year 2026:<\/b><\/p><ul class=\"bwlistdisc\">\n<li>\nOrganic growth in net revenue of between +2.0% and +3.0% compared with 2025;<\/li>\n<li>\nAdjusted EBIT margin of between 13.2% and 13.5% compared with 2025;<\/li>\n<li>\nDividend payout ratio of around 40%.<\/li>\n<\/ul><p>\n<b>The Group is also confirming its medium-term financial targets for fiscal year 2028:<\/b><\/p><ul class=\"bwlistdisc\">\n<li>\nAdjusted EBIT margin of between 14.0% and 15.0%;<\/li>\n<li>\nDividend payout ratio of around 40%.<\/li>\n<\/ul><p>\n<b>ANALYST CONFERENCE CALL<\/b><\/p><p>\n<b>Speakers:<\/b> Yannick Bollor\u00e9, Chairman and Chief Executive Officer, and Fran\u00e7ois Laroze, Chief Financial Officer and Chief Operating Officer.<\/p><p>\n<b>Date:<\/b> July 23, 2026, at 6:00 pm Paris time \u2013 5:00 pm London time \u2013 12:00 pm New York time.<\/p><p>\nThe conference call will be held in English.<\/p><p>\n<b>An audio webcast link<\/b> and slides of the presentation will be available on the company\u2019s website <span class=\"bwuline\"><a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.havas.com%2Finvestor-relations-shareholders&amp;esheet=54575639&amp;newsitemid=20260723984985&amp;lan=en-US&amp;anchor=www.havas.com%2Finvestor-relations-shareholders&amp;index=1&amp;md5=cf5222dd5c6da1e2ec6eeb0c564e726f\" rel=\"nofollow\" shape=\"rect\">www.havas.com\/investor-relations-shareholders<\/a><\/span><\/p><p>\n<b>FINANCIAL CALENDAR<\/b><\/p><p>\nUpcoming financial publications and events for 2026:<\/p><ul class=\"bwlistdisc\">\n<li>\n<b>Third-quarter 2026 revenue<\/b>: October 13, 2026<\/li>\n<\/ul><p>\n***<\/p><p>\n<b>About Havas<\/b><\/p><p>\nFounded in 1835 in Paris, Havas is one of the world\u2019s largest global communications groups, with nearly 23,000 people in over 100 countries. With the ambition to help brands unlock Growth, Powered by Desire, Havas brings together creativity, media, technology and production capabilities to build strong, desirable brands that people genuinely want to engage with. Its integrated model is supported by Converged.AI, the Group\u2019s operating system that unifies data, technology and AI to deliver optimized, scalable marketing solutions across the full customer journey. AI-driven, fueled by human ingenuity, and grounded in the belief that desire drives both brand performance and business outcomes, Havas teams collaborate within Havas Villages worldwide to cultivate reputation, relevance and long\u2011term preference for clients. Havas is equally committed to its people, fostering inclusive, responsible and inspiring workplaces where talent can thrive, because desire also starts from within. Further information is available at <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.havas.com%2F&amp;esheet=54575639&amp;newsitemid=20260723984985&amp;lan=en-US&amp;anchor=www.havas.com&amp;index=2&amp;md5=650350649ca0fd5b64cab506b0de84b4\" rel=\"nofollow\" shape=\"rect\">www.havas.com<\/a>.<\/p><p>\n<b>IMPORTANT LEGAL INFORMATION AND CAUTIONARY STATEMENTS CONCERNING FORWARD-LOOKING STATEMENTS AND NON-IFRS FINANCIAL MEASURES<\/b><\/p><p>\nThis press release is published by Havas N.V. and may contain inside information within the meaning of Article 7(1) of Regulation (EU) No 596\/2014, as amended.<\/p><p>\nCertain statements contained herein may be forward-looking statements, including, but not limited to, statements that are predictions of or indicate future events, trends, plans, expectations or objectives. Undue reliance should not be placed on forward-looking statements because, by their nature, they are subject to known and unknown risks and uncertainties and can be affected by other factors that could cause the Havas Group\u2019s actual results to differ materially from those expressed or implied in such forward-looking statements. Please refer to Section 5.2, \u201c<i>Risk Factors<\/i>\u201d of the annual report of Havas N.V. for the year ended December 31, 2025, available on Havas N.V.\u2019s corporate website <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.havas.com%2Finvestor-relations-shareholders%2F&amp;esheet=54575639&amp;newsitemid=20260723984985&amp;lan=en-US&amp;anchor=www.havas.com%2Finvestor-relations-shareholders%2F&amp;index=3&amp;md5=9120f88dd4972705443caf750ea54119\" rel=\"nofollow\" shape=\"rect\">www.havas.com\/investor-relations-shareholders\/<\/a>, for a description of certain important factors, risks and uncertainties that may affect the Havas Group\u2019s business and\/or results of operations. Havas undertakes no obligation to publicly update or revise any of these forward-looking statements, whether to reflect new information, future events or circumstances or otherwise, except as required by applicable laws and regulations.<\/p><p>\nThis press release refers to certain non-IFRS financial measures, or alternative performance measures, used by Havas in analyzing operating trends, financial performance and financial position of the Havas Group and providing investors with additional information considered useful and relevant regarding the results of the Havas Group. These alternative performance measures are not recognized measures under IFRS or any other generally accepted accounting standards, and they generally have no standardized meaning and therefore may not be comparable to similarly labelled measures used by other companies. As a result, none of these alternative performance measures should be considered in isolation from, or as a substitute for, the financial statements and related notes prepared in accordance with IFRS. For a definition of these alternative performance measures and a reconciliation from such alternative performance measure to the relevant line item, subtotal or total presented in the financial statements, please refer to the financial glossary at the end of this press release and Note 7.2.2 to the unaudited consolidated interim financial statements as of and for the six months ended June 30, 2026, included in the financial report of Havas N.V. for the six-month period ended June 30, 2026.<\/p><p>\nThe financial information included in this press release has not been audited or reviewed by an external auditor. In addition, certain calculated figures (including data expressed in thousands or millions) and percentages presented in this press release have been rounded. Where applicable, the totals presented in this press release may slightly differ from the totals that would have been obtained by adding the exact amounts (not rounded) for these calculated figures.<\/p><p>\n<b>Consolidated income statement\n<br\/><\/b>Unaudited accounts<\/p><table cellspacing=\"0\" class=\"bwtablemarginb bwblockalignl bwwidth100\">\n<tr>\n<td class=\"bwpadl1 bwwidth60\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<i>In millions of euros<\/i><\/p><\/td><td class=\"bwrowaltcolor0 bwpadl1 bwwidth20 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n<b><span class=\"bwinvisible\">Half-year 2026<\/span><\/b><\/p><\/td><td class=\"bwrowaltcolor0 bwpadl1 bwwidth20 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n<b><span class=\"bwinvisible\">Half-year 2025<\/span><\/b><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwpadl1 bwwidth60\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nRevenue<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n1,416<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n1,408<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwpadl1 bwwidth60 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nCosts rebilled to customers<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n(54)<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n(62)<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwpadl1 bwwidth60\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<b>Net revenue<\/b><\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<b>1,362<\/b><\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<b>1,346<\/b><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwpadl1 bwwidth60 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nOther operating expenses and income<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n(226)<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n(211)<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwpadl1 bwwidth60\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nPersonnel costs<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n(929)<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n(934)<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwpadl1 bwwidth60 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nDepreciation and amortization<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n(54)<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n(55)<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwpadl1 bwwidth60\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nShare based compensation expenses<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n(3)<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n(2)<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwpadl1 bwwidth60 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<b>Adjusted EBIT<\/b><\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<b>150<\/b><\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<b>144<\/b><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwpadl1 bwwidth60\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nGoodwill impairment \/ earn-out adjustments<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n-<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n(3)<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwpadl1 bwwidth60 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nRestructuring<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n(13)<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n(7)<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwpadl1 bwwidth60\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<b>Operating income<\/b><\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<b>137<\/b><\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<b>134<\/b><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwpadl1 bwwidth60 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nNet financial expense<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n(7)<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n(17)<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwpadl1 bwwidth60\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<b>Income before tax<\/b><\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<b>130<\/b><\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<b>118<\/b><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwpadl1 bwwidth60 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nIncome taxes<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n(40)<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n(37)<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwpadl1 bwwidth60\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<b>Net income<\/b><\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<b>90<\/b><\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<b>80<\/b><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwpadl1 bwwidth60 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nNon-controlling interests<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n6<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n6<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwpadl1 bwwidth60 bwrowaltcolor0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<b>Net income, Group share<\/b><\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc bwrowaltcolor0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<b>84<\/b><\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc bwrowaltcolor0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<b>74<\/b><\/p><\/td><\/tr>\n<\/table><p>\n<b>Consolidated balance sheet<\/b><\/p><p>\n<b>Assets\n<br\/><\/b>Unaudited accounts<\/p><table cellspacing=\"0\" class=\"bwblockalignl bwtablemarginb bwwidth100\">\n<tr>\n<td class=\"bwpadl1 bwwidth60\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<i>In millions of euros<\/i><\/p><\/td><td class=\"bwrowaltcolor0 bwpadl1 bwwidth20 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n<b><span class=\"bwinvisible\">June 30, 2026<\/span><\/b><\/p><\/td><td class=\"bwrowaltcolor0 bwpadl1 bwwidth20 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n<b><span class=\"bwinvisible\">December 31, 2025<\/span><\/b><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwpadl1 bwwidth60\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<b>Non-current assets<\/b><\/p><\/td><td class=\"bwpadl1 bwwidth20 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n\u00a0<\/p><\/td><td class=\"bwpadl1 bwwidth20 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n\u00a0<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwpadl1 bwwidth60 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nGoodwill<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n2,649<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n2,531<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwpadl1 bwwidth60\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nIntangible assets<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n49<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n49<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwpadl1 bwwidth60 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nProperty and equipment<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n185<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n192<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwpadl1 bwwidth60\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nRight-of-use assets<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n241<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n236<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwpadl1 bwwidth60 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nEquity investments<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n3<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n3<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwpadl1 bwwidth60\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nFinancial assets<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n97<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n43<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwpadl1 bwwidth60 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nDeferred tax assets<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n61<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n75<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwpadl1 bwwidth60\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nOther non-current financial assets<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n16<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n16<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwpadl1 bwwidth60\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<b>Total non-current assets<\/b><\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<b>3,301<\/b><\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<b>3,145<\/b><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwpadl1 bwwidth60\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<b>Current assets<\/b><\/p><\/td><td class=\"bwpadl1 bwwidth20 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n\u00a0<\/p><\/td><td class=\"bwpadl1 bwwidth20 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n\u00a0<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwpadl1 bwwidth60 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nInventories and work in progress<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n175<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n130<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwpadl1 bwwidth60\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nCustomer receivables<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n2,547<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n2,569<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwpadl1 bwwidth60 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nCurrent tax receivables<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n61<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n75<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwpadl1 bwwidth60\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nOther receivables<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n442<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n339<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwpadl1 bwwidth60 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nOther current financial assets<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n12<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n10<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwpadl1 bwwidth60\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nCash and cash equivalents<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n302<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n294<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwpadl1 bwwidth60\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<b>Total current assets<\/b><\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<b>3,539<\/b><\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<b>3,417<\/b><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwpadl1 bwwidth60 bwrowaltcolor0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<b>TOTAL ASSETS<\/b><\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc bwrowaltcolor0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<b>6,840<\/b><\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc bwrowaltcolor0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<b>6,562<\/b><\/p><\/td><\/tr>\n<\/table><p>\n<b>Equity and liabilities\n<br\/><\/b>Unaudited accounts<\/p><table cellspacing=\"0\" class=\"bwblockalignl bwtablemarginb bwwidth100\">\n<tr>\n<td class=\"bwpadl1 bwwidth60\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<i>In millions of euros<\/i><\/p><\/td><td class=\"bwrowaltcolor0 bwpadl1 bwwidth20 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n<b><span class=\"bwinvisible\">June 30, 2026<\/span><\/b><\/p><\/td><td class=\"bwrowaltcolor0 bwpadl1 bwwidth20 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n<b><span class=\"bwinvisible\">December 31, 2025<\/span><\/b><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwpadl1 bwwidth60\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<b>Shareholders' equity - Group share<\/b><\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<b>1,834<\/b><\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<b>1,810<\/b><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwpadl1 bwwidth60 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nCapital<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n198<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n198<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwpadl1 bwwidth60\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nShare premium account<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n3,167<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n3,167<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwpadl1 bwwidth60 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nCurrency translation adjustments<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n(93)<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n(137)<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwpadl1 bwwidth60\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nTreasury shares<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n(74)<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n(42)<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwpadl1 bwwidth60 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nOther reserves and retained earnings<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n(1,364)<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n(1,376)<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwpadl1 bwwidth60\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<b>Non-controlling interests<\/b><\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<b>27<\/b><\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<b>31<\/b><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwpadl1 bwwidth60\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<b>Total equity<\/b><\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<b>1,861<\/b><\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<b>1,841<\/b><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwpadl1 bwwidth60\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<b>Non-current liabilities<\/b><\/p><\/td><td class=\"bwpadl1 bwwidth20 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n\u00a0<\/p><\/td><td class=\"bwpadl1 bwwidth20 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n\u00a0<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwpadl1 bwwidth60 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nLong-term borrowings<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n3<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n3<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwpadl1 bwwidth60\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nLease liabilities over 1 year<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n212<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n213<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwpadl1 bwwidth60 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nEarn-out and non-controlling interest buy-out obligations<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n223<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n273<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwpadl1 bwwidth60\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nOther long-term provisions<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n86<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n89<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwpadl1 bwwidth60 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nDeferred tax liabilities<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n54<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n53<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwpadl1 bwwidth60\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nOther non-current liabilities<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n4<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n10<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwpadl1 bwwidth60\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<b>Total non-current liabilities<\/b><\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<b>582<\/b><\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<b>641<\/b><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwpadl1 bwwidth60\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<b>Current liabilities<\/b><\/p><\/td><td class=\"bwpadl1 bwwidth20 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n\u00a0<\/p><\/td><td class=\"bwpadl1 bwwidth20 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n\u00a0<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwpadl1 bwwidth60 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nShort-term borrowings<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n371<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n79<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwpadl1 bwwidth60\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nLease liabilities under 1 year<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n73<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n71<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwpadl1 bwwidth60 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nBank overdrafts<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n4<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n5<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwpadl1 bwwidth60\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nEarn-out and non-controlling interest buy-out obligations<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n139<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n42<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwpadl1 bwwidth60 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nCommitment share-buyback program<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n49<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n25<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwpadl1 bwwidth60\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nShort-term provisions<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n52<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n57<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwpadl1 bwwidth60 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nTrade payables<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n2,352<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n2,603<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwpadl1 bwwidth60\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nTax payables<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n28<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n28<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwpadl1 bwwidth60 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nOther payables<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n1,329<\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n1,170<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwpadl1 bwwidth60\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<b>Total current liabilities<\/b><\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<b>4,397<\/b><\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<b>4,080<\/b><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwpadl1 bwwidth60 bwrowaltcolor0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<b>TOTAL EQUITY AND LIABILITIES<\/b><\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc bwrowaltcolor0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<b>6,840<\/b><\/p><\/td><td class=\"bwpadr0 bwvertalignb bwpadl1 bwwidth20 bwalignc bwrowaltcolor0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<b>6,562<\/b><\/p><\/td><\/tr>\n<\/table><br\/> <b>Contacts<\/b> <br\/><p>\n<b>For more information, please contact:<\/b><\/p><p>\n<b>Charlotte Rambaud<\/b><br\/>Global Chief Communications Officer\n<br\/><a  href=\"mailto:charlotte.rambaud@havas.com\" rel=\"nofollow\" shape=\"rect\">charlotte.rambaud@havas.com<\/a><br\/>+33 6 64 67 66 27<\/p><p>\n<b>Delphine Maillet<\/b><br\/>Group Head of Investor Relations\n<br\/><a  href=\"mailto:delphine.maillet@havas.com\" rel=\"nofollow\" shape=\"rect\">delphine.maillet@havas.com<\/a><br\/>+33 6 80 36 18 12<\/p><p>\n<b>Kristin Calmes<\/b><br\/>Global Senior Communications Officer\n<br\/><a  href=\"mailto:kristin.calmes@havas.com\" rel=\"nofollow\" shape=\"rect\">kristin.calmes@havas.com<\/a><br\/>+33 6 08 40 76 27<\/p><br\/> <a href=\"http:\/\/www.businesswire.com\/news\/home\/20260723984985\/en\/Havas-Reports-Solid-H1-2026-Results-With-Organic-Growth-of-2.5-and-Further-Improvement-in-Adjusted-EBIT-Margin\/?feedref=Zd8jjkgYuzBwDixoAdXmJgT1albrG1Eq4mAeVP39212bri8lIe-zl5tWvCOnRHW3evRMp3sIgu8q3wq1OF24lT93qbEzrwa15HGbLqMObxY5fjCLYi_If30KxIsYuhwbuLAuCkn8FS6sh-I3dfDZEg==\"> Read full story here <\/a>","protected":false},"excerpt":{"rendered":"<p>Key financial highlights in first-half 2026:<\/p>\n<p>Second-quarter net revenue was up +3.8% at 724 million euros, thanks to a stronger M&amp;A contribution and the lower negative impact of foreign exchange currencies<\/p>\n<p>Net revenue totaled 1,362 million euros&#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-43730","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/43730","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=43730"}],"version-history":[{"count":3,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/43730\/revisions"}],"predecessor-version":[{"id":43736,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/43730\/revisions\/43736"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=43730"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=43730"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=43730"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}