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Yannick Bolloré interview: 'Havas is stronger now than before virus crisis' | Advertising


Yannick Bolloré
Yannick Bolloré, the global chief executive of Havas, has said the recovery in advertising stock prices in recent months is proof that parent company Vivendi is “investing in the right direction” and “Havas is stronger now than we were before the start of the crisis”.
The profit multiples of the big agency groups declined after Vivendi bought Havas at a €3.9 billion (US$4.73 billion) valuation exactly four years ago in May 2017, Bolloré conceded, but share prices have bounced back “big time” as the sector held up better than expected during the pandemic.
“You would have been wise to invest in advertising” at the start of 2021, he said. “Look at the six largest holding companies people were surprised by the level of EBIT [earnings before interest and tax] and the cashflow coming from operations” during 2020 the “worst of the worst” in terms of business conditions. ....

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Havas Health & You Strengthens Capabilities in Innovation and Customer Experience


Havas Health & You Strengthens Capabilities in Innovation and Customer Experience
Adds Network Chief Experience Officer Role and Co-Managing Directors of Innovation Engine, Havas NOW
NEW YORK, April 14, 2021 /PRNewswire/ The last 12-18 months has dawned a new era in health, along with new expectations of companies across the health spectrum. Adding to the already fast-paced rate of change over the last two decades, necessity-driven implementation due to Covid-19 has led to historical evolution across health and health-adjacent industries over the last year, bringing an urgent need for evolved capabilities and ways of thinking. With data clearly showing that technological and digital adoption, pace of innovation and patient and physician behaviors have shifted with permanency, there is an entirely new set of best practices in health. ....

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