Havas Achieves Steady Growth in 2025, India Emerges as Global Capability Hub

• Havas reported €2.91 billion revenue and 1.5% organic growth in 2025, its first full year as a separately listed entity.
• Adjusted EBIT margin rose to 12.9%, reflecting improved operational discipline despite subdued top-line expansion.
• The company made 11 acquisitions in high-growth areas like e-commerce and data consulting, and maintained €207 million net cash.
• India is positioned as a key delivery and capability hub, contributing to Havas's integrated model and long-term build-out.
• Havas invests heavily in AI-driven operating system Converged.AI, committing €400 million to data, technology, and AI through 2027.

Key Questions Answered

How will Havas's AI investments impact future growth?

Havas's significant investment in AI, including €400 million through 2027 for its AI-driven operating system Converged.AI, is intended to bolster its data and technology capabilities.

Could India become a primary revenue driver for Havas?

India is emerging as a key hub for global capabilities and technology-led services for Havas, rather than a primary revenue driver.

What changes will Havas's 'Village' structure bring?

Havas's integrated "Village" structure, combined with data and AI investments, aims to extract more value from existing clients.