Havas Income Statement

Financials in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2016
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '16 Dec 31, 2016
Revenue	2,905	2,863	2,872	2,765	2,341	2,276
Revenue Growth (YoY)	-0.51%	-0.31%	3.87%	18.11%	2.86%	4.02%
Cost of Revenue	1,997	1,978	2,010	1,931	1,605	1,421
Gross Profit	908	885	862	834	736	855
Selling, General & Admin	2	2	2	-	1	-
Other Operating Expenses	452	439	423	374	374	528
Operating Expenses	568	559	549	519	493	528
Operating Income	340	326	313	315	243	327
Interest Expense	-18	-21	-21	-19	-25	-23
Interest & Investment Income	-	2	8	10	5	6
Earnings From Equity Investments	-	-	-	-	-	1
Currency Exchange Gain (Loss)	-11	-1	-4	1	2	-1
Other Non Operating Income (Expenses)	-12	-7	-5	2	-21	-
EBT Excluding Unusual Items	299	299	291	309	204	310
Merger & Restructuring Charges	-25	-29	-19	-17	-5	-28
Impairment of Goodwill	-1	5	2	6	-3	-
Asset Writedown	8	11	12	-18	3	-
Other Unusual Items	-8	-8	-7	-7	-5	-5
Pretax Income	273	278	279	273	194	277
Income Tax Expense	78	89	95	80	58	83
Earnings From Continuing Operations	195	189	184	193	136	194
Minority Interest in Earnings	-19	-16	-17	-22	-23	-17
Net Income	176	173	167	171	113	177
Net Income to Common	176	173	167	171	113	177
Net Income Growth	2.33%	3.59%	-2.34%	51.33%	-36.16%	2.91%
Shares Outstanding (Basic)	99	99	99	43	43	42
Shares Outstanding (Diluted)	101	100	99	43	43	42
Shares Change (YoY)	-21.10%	1.04%	132.74%	-	1.78%	0.34%
EPS (Basic)	1.77	1.74	1.68	4.01	2.65	4.23
EPS (Diluted)	1.68	1.70	1.68	4.01	2.65	4.23
EPS Growth	24.74%	0.96%	-58.04%	51.33%	-37.28%	2.56%
Free Cash Flow	240	213	311	333	306	205
Free Cash Flow Per Share	2.39	2.13	3.14	7.81	7.18	4.90
Dividend Per Share	0.800	0.800	-	-	-	0.180
Dividend Growth	-	-	-	-	-	20.00%
Gross Margin	31.26%	30.91%	30.01%	30.16%	31.44%	37.57%
Operating Margin	11.70%	11.39%	10.90%	11.39%	10.38%	14.37%
Profit Margin	6.06%	6.04%	5.82%	6.18%	4.83%	7.78%
Free Cash Flow Margin	8.26%	7.44%	10.83%	12.04%	13.07%	9.01%
EBITDA	377	365	369	363	289	366
EBITDA Margin	12.98%	12.75%	12.85%	13.13%	12.35%	16.08%
D&A For EBITDA	37	39	56	48	46	39
EBIT	340	326	313	315	243	327
EBIT Margin	11.70%	11.39%	10.90%	11.39%	10.38%	14.37%
Effective Tax Rate	28.57%	32.01%	34.05%	29.30%	29.90%	29.96%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.