Added to YB: 2025-10-20
Pitch date: 2025-10-16
HAVAS.AS [bullish]
Havas N.V.
+3.76%
current return
Author Info
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Company Info
Havas N.V. provides communications and marketing services in France, the United Kingdom, rest of Europe, North America, Latin America, the Asia-Pacific, and Africa.
Market Cap
EUR 1.5B
Pitch Price
EUR 15.03
Price Target
N/A
Dividend
5.30%
EV/EBITDA
4.18
P/E
8.97
EV/Sales
0.65
Sector
Media
Category
value
Havas (HAVAS Netherlands): Momentum builds as steady execution earns an upgrade
HAVAS.AS (quick overview): Q3 rev €656M, +4% organic growth vs expectations; raised FY guidance to 2.5-3% growth, 50bps margin expansion to 12.9%. North America +7%, Asia +8%. Major LVMH media win impacts 2026. Trades 35-45% discount to peers Publicis/WPP on 2025 multiples despite outperformance.
Read full article (2 min)