Havas Income Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2016	2011 - 2015
Period Ending	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	2011 - 2015
Revenue	2,863	2,872	2,765	2,341	2,276	Upgrade
Revenue Growth (YoY)	-0.31%	3.87%	18.11%	2.86%	4.02%	Upgrade
Cost of Revenue	1,978	2,010	1,931	1,605	1,421	Upgrade
Gross Profit	885	862	834	736	855	Upgrade
Selling, General & Admin	2	2	-	1	-	Upgrade
Other Operating Expenses	439	423	374	374	528	Upgrade
Operating Expenses	559	549	519	493	528	Upgrade
Operating Income	326	313	315	243	327	Upgrade
Interest Expense	-21	-21	-19	-25	-23	Upgrade
Interest & Investment Income	2	8	10	5	6	Upgrade
Earnings From Equity Investments	-	-	-	-	1	Upgrade
Currency Exchange Gain (Loss)	-1	-4	1	2	-1	Upgrade
Other Non Operating Income (Expenses)	-7	-5	2	-21	-	Upgrade
EBT Excluding Unusual Items	299	291	309	204	310	Upgrade
Merger & Restructuring Charges	-29	-19	-17	-5	-28	Upgrade
Impairment of Goodwill	5	2	6	-3	-	Upgrade
Asset Writedown	11	12	-18	3	-	Upgrade
Other Unusual Items	-8	-7	-7	-5	-5	Upgrade
Pretax Income	278	279	273	194	277	Upgrade
Income Tax Expense	89	95	80	58	83	Upgrade
Earnings From Continuing Operations	189	184	193	136	194	Upgrade
Minority Interest in Earnings	-16	-17	-22	-23	-17	Upgrade
Net Income	173	167	171	113	177	Upgrade
Net Income to Common	173	167	171	113	177	Upgrade
Net Income Growth	3.59%	-2.34%	51.33%	-36.16%	2.91%	Upgrade
Shares Outstanding (Basic)	992	992	426	426	419	Upgrade
Shares Outstanding (Diluted)	1,002	992	426	426	419	Upgrade
Shares Change (YoY)	1.04%	132.74%	-	1.78%	0.34%	Upgrade
EPS (Basic)	0.17	0.17	0.40	0.27	0.42	Upgrade
EPS (Diluted)	0.17	0.17	0.40	0.27	0.42	Upgrade
EPS Growth	0.96%	-58.04%	51.33%	-37.28%	2.56%	Upgrade
Free Cash Flow	213	311	333	306	205	Upgrade
Free Cash Flow Per Share	0.21	0.31	0.78	0.72	0.49	Upgrade
Dividend Per Share	0.080	-	-	-	0.180	Upgrade
Dividend Growth	-	-	-	-	20.00%	Upgrade
Gross Margin	30.91%	30.01%	30.16%	31.44%	37.57%	Upgrade
Operating Margin	11.39%	10.90%	11.39%	10.38%	14.37%	Upgrade
Profit Margin	6.04%	5.82%	6.18%	4.83%	7.78%	Upgrade
Free Cash Flow Margin	7.44%	10.83%	12.04%	13.07%	9.01%	Upgrade
EBITDA	365	369	363	289	366	Upgrade
EBITDA Margin	12.75%	12.85%	13.13%	12.35%	16.08%	Upgrade
D&A For EBITDA	39	56	48	46	39	Upgrade
EBIT	326	313	315	243	327	Upgrade
EBIT Margin	11.39%	10.90%	11.39%	10.38%	14.37%	Upgrade
Effective Tax Rate	32.01%	34.05%	29.30%	29.90%	29.96%	Upgrade

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