Havas Nv · EURONEXT:HAVAS
Havas Nv — Q1 2025 Earnings Presentation
16 slides from Havas Nv's earnings presentation, Apr 10, 2025
Slide 1: Q1 2025 Revenue
Q1 2025 REVENUE François Laroze Chief Financial Officer & Chief Operating Officer Analyst Presentation – April 10, 2025 1
Slide 2: Agenda
AGENDA 01 02 03 Q1 2025 OUTLOOK & CONCLUSION Q&A PERFORMANCE - 2025 Q1 Revenue 2
Slide 3: Q1 2025 Performance
Q1 2025 PERFORMANCE 3
Slide 4: Q1 2025 Net Revenue: Good Start to the Year
Q1 2025 NET REVENUE GOOD START TO THE YEAR €649m +5.2% ORGANIC FOREIGN SCOPE GROWTH EXCHANGE +2.1% +1.4% +1.7% +2.0% in Q1 2024 Rounded figures, based on single decimal growth rates. - 2025 Q1 Revenue Unaudited figures See financial glossary for definitions, in the appendix. 4
Slide 5: Q1 2025 Performance by Region
1 Q1 2025 PERFORMANCE BY REGION -0.2% Organic growth (%) Net revenue (€m) 314 +3.2% 239 +2.1% +1.9% Europe 649 56 North America Asia Pacific and Africa +16.6% 40 Latin America Havas Rounded figures. - 2025 Q1 Revenue Unaudited figures See financial glossary for definitions, in the appendix. 5
Slide 6: M&A: Pursuing a Dynamic Bolt-on M&A Strategy
2 M&A: PURSUING A DYNAMIC BOLT-ON M&A STRATEGY SUPPORTING 2025 & MID-TERM GUIDANCE CA SPORTS CHANNEL BAKERS DON January 2025 February 2025 February 2025 • Creative agency • Sponsorship strategy & business • E-commerce & retail media development through sport agency • Argentina • Spain • North Americ
Slide 7: Outlook & Conclusion
OUTLOOK & CONCLUSION 7
Slide 8: 2025 and Beyond: Guidance Confirmed
2025 AND BEYOND GUIDANCE CONFIRMED 1 Full-year 2025 Guidance Organic growth* Adjusted EBIT margin* Payout ratio* of above 2% of 12.5%-13.5% around 40% 2 Mid-term Guidance, Full-year 2028 Adjusted EBIT margin* Payout ratio* of of 14.0%-15.0% around 40% - 2025 Q1 Revenue * See financial glossary for d
Slide 9: Q&A
Q&A 9
Slide 10: Appendix
APPENDIX 10
Slide 11: Main New Business Wins in Q1 2025
3 MAIN NEW BUSINESS WINS IN Q1 2025 HAVAS MEDIA HAVAS CREATIVE HAVAS HEALTH - 2025 Q1 Revenue 11
Slide 12: Q1 2025 Detailed Figures
1 Q1 2025 DETAILED FIGURES % change Q1 Q1 % change at constant % change in millions of euros 2024 2025 as reported exchange rates organic growth Revenue 649 676 +4.0% +2.4% +1.0% Net revenue 617 649 +5.2% +3.6% +2.1% Net revenue by geographic region Europe 310 314 +1.3% +0.4% -0.2% North America 220
Slide 13: Q1 2025 Organic Growth & Forex
2 Q1 2025 ORGANIC GROWTH & FOREX Foreign exchange rate impact at (in millions of euros) Q1 2025 March 31, 2025 (in millions of euros) 2024 net revenue 616.6 USD (2) +9.3 Foreign exchange rate impact (2) +10.0 GBP (2) +2.8 2024 net revenue at 2025 exchange rates (a) 626.6 Other -2.1 Total foreign 202
Slide 14: Financial Glossary
FINANCIAL GLOSSARY Adjusted EBIT represents net income excluding income taxes, interest, other financial income and expenses, goodwill Adjusted EBIT impairment, earn-out adjustments and restructuring costs. Adjusted EBIT margin % ratio corresponding to adjusted EBIT divided by net revenue. Dividend
Slide 15: Disclaimer
DISCLAIMER IMPORTANT LEGAL INFORMATION AND CAUTIONARY STATEMENTS CONCERNING FORWARD-LOOKING STATEMENTS AND NON-IFRS FINANCIAL MEASURES Certain statements contained herein may be forward-looking statements including, but not limited to, statements that are predictions of or indicate plans, strategies
Slide 16: Thank You
THANK YOU 16