Havas confirms 2026 guidance as first-half net income rises 13.5%

The advertising group reported first-half net revenue of 1.362 billion euros and adjusted EBIT of 150 million euros, with North America leading regional organic growth and second-quarter net revenue up 3.8%.

Summary

Havas reported a solid first half of 2026 and kept its full-year outlook unchanged, as net income, Group share rose 13.5% to 84 million euros. Net revenue reached 1,362 million euros, up 1.2% on a reported basis and 2.5% organically (like-for-like, at constant scope and currency), while adjusted EBIT (earnings before interest and taxes, excluding certain items) increased 4.2% to 150 million euros and margin improved 30 basis points to 11.0%. Second-quarter net revenue climbed 3.8% to 724 million euros, helped by a stronger contribution from acquisitions and a smaller drag from foreign exchange movements. Havas said full-year 2026 guidance remains for organic growth of between 2.0% and 3.0%, an adjusted EBIT margin of between 13.2% and 13.5%, and a dividend payout ratio of around 40%.

Terms & Concepts
  • Organic growth: Like-for-like growth excluding currency and deal effects
  • Adjusted EBIT: Earnings measure excluding certain non-operating items
  • Dividend payout ratio: Share of net income returned as dividends