Havas shares track best day ever on organic growth beat

Havas NV

18/02/2026 09:02

** Shares in Havas HAVAS.AS rise over 8.6% after the French advertising company reported full-year organic growth beat

** 2025 organic growth of 3.1% was above the consensus of 2.9%, as cited by J.P. Morgan

** Havas sees 2-3% organic growth in 2026 and confirms mid-term guidance

** JPM says that Havas trades at a 20% discount compared to peers Publicis PUBP.PA and WPP WPP.L on the basis of the EV/NOPAT (Enterprise Value/Net Operating Profit After Tax) metric

** "It is the cheapest of the agencies and it is delivering on its targets," says the brokerage

** Shares track their best day ever, if gains hold

 (Reporting by Michal Aleksandrowicz)

 ((michal.aleksandrowicz@thomsonreuters.com))