Havas jumps after guidance confirmation as clients maintain ad budgets

Havas NV

11/04/2025 08:39

** Shares of Havas HAVAS.AS jump 8% after the French advertising company reaffirmed its annual guidance as part of its Q1 statement on Thursday

** It says tariffs have not affected its business since client spending and advertising budgets have not shrunk

** Havas also reports Q1 revenue of 676 million euros ($767.26 million), corresponding to 2.1% organic growth

** The stock is on track for its best day on record since its spin-off last year

($1 = 0.8811 euros)

 (Reporting by Leo Marchandon)

 ((Leo.marchandon@thomsonreuters.com))