View ValuationHavas 将来の成長Future 基準チェック /16Havas利益と収益がそれぞれ年間8.4%と0.5%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に11.2% 8.6%なると予測されています。主要情報8.4%収益成長率8.57%EPS成長率Media 収益成長21.5%収益成長率0.5%将来の株主資本利益率11.16%アナリストカバレッジGood最終更新日09 Jul 2026今後の成長に関する最新情報Price Target Changed • Jan 13Price target decreased by 12% to €17.26Down from €19.50, the current price target is an average from 7 analysts. New target price is approximately in line with last closing price of €17.40. Stock is up 15% over the past year. The company is forecast to post earnings per share of €2.05 for next year compared to €1.74 last year.お知らせ • Oct 14Havas N.V. Confirms Earnings Guidance for Fiscal Year 2025Havas N.V. Confirmed earnings guidance for fiscal year 2025. The company expects net revenue organic growth: a range of between +2.5% and +3.0% (versus previous guidance of above +2.0%).分析記事 • Aug 01Analyst Estimates: Here's What Brokers Think Of Havas N.V. (AMS:HAVAS) After Its Half-Year ReportShareholders might have noticed that Havas N.V. ( AMS:HAVAS ) filed its interim result this time last week. The early...お知らせ • Jul 29Havas Reaffirms Earnings Guidance for Fiscal Year 2025Havas reaffirmed earnings guidance for fiscal year 2025. For the period, the company expects Net revenue organic growth above 2.0% compared to 2024.すべての更新を表示Recent updatesライブニュース • Jun 17Havas Shares: €50 Million Buyback Program Renewed With Fresh Repurchases in 2026Havas N.V. has renewed its shareholder-authorized share buyback program, set to start on May 14, 2026 and run until the 2027 annual general meeting. The renewed program allows for the repurchase of up to 9,918,114 ordinary shares with a maximum total allocation of €50 million. Repurchased shares may be used either for share capital reduction or to fund management and employee incentive plans, with 27,816 shares already bought back between May 11 and June 12, 2026 as part of ongoing activity. The renewed buyback framework indicates that Havas is committing significant capital to reducing its free float or supporting equity-based compensation, which can influence earnings per share and ownership structure over time. You may want to monitor how actively Havas uses this €50 million envelope and whether shares are cancelled or held for incentives, as that mix affects both dilution risk and the long-term impact on existing shareholders.お知らせ • Jun 12Havas N.V. (ENXTAM:HAVAS) acquired an unknown majority stake in ARCHRIVAL4EVER, Inc.Havas N.V. (ENXTAM:HAVAS) acquired an unknown majority stake in ARCHRIVAL4EVER, Inc. on June 10, 2026. Havas N.V. (ENXTAM:HAVAS) completed the acquisition of an unknown majority stake in ARCHRIVAL4EVER, Inc. on June 10, 2026.ライブニュース • Jun 09Havas Launches €50 Million Share Buyback With Flexibility For Incentives And Capital ReductionHavas renewed its shareholder-authorized share buyback program, set to start on May 14, 2026 and run until the 2027 annual general meeting, with a maximum allocation of €50 million. The renewed program permits repurchases of up to 9,918,114 ordinary shares, which can be used either for share capital reduction or to fund management and employee incentive plans. Since the May 13, 2026 renewal announcement, Havas has repurchased 22,816 shares on the exchange through a series of transactions completed by June 5, 2026. The renewed buyback indicates that the company is committing meaningful capital to repurchases while also preserving flexibility to support employee and management incentives. For those tracking capital allocation, it may be useful to monitor how Havas uses the €50 million capacity and whether repurchased shares are cancelled or retained for incentive programs, as this can affect both ownership dilution and future earnings per share.Upcoming Dividend • May 08Upcoming dividend of €0.80 per shareEligible shareholders must have bought the stock before 15 May 2026. Payment date: 21 May 2026. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 4.8%. Lower than top quartile of Dutch dividend payers (5.0%). In line with average of industry peers (5.2%).Reported Earnings • Apr 01Full year 2025 earnings released: EPS: €1.93 (vs €1.74 in FY 2024)Full year 2025 results: EPS: €1.93 (up from €1.74 in FY 2024). Revenue: €2.91b (up 1.7% from FY 2024). Net income: €189.0m (up 9.2% from FY 2024). Profit margin: 6.5% (up from 6.0% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years compared to a 2.4% growth forecast for the Media industry in Europe.Valuation Update With 7 Day Price Move • Feb 24Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €16.95, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 10x in the Media industry in Europe. Total returns to shareholders of 21% over the past year.Reported Earnings • Feb 19Full year 2025 earnings released: EPS: €1.93 (vs €1.74 in FY 2024)Full year 2025 results: EPS: €1.93 (up from €1.74 in FY 2024). Revenue: €2.91b (up 1.7% from FY 2024). Net income: €189.0m (up 9.2% from FY 2024). Profit margin: 6.5% (up from 6.0% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years compared to a 2.3% growth forecast for the Media industry in Europe.New Risk • Feb 18New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Dutch stocks, typically moving 6.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.お知らせ • Feb 18+ 2 more updatesHavas N.V., Annual General Meeting, May 13, 2026Havas N.V., Annual General Meeting, May 13, 2026. Location: amsterdam Netherlands分析記事 • Jan 16There's Been No Shortage Of Growth Recently For Havas' (AMS:HAVAS) Returns On CapitalIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...Price Target Changed • Jan 13Price target decreased by 12% to €17.26Down from €19.50, the current price target is an average from 7 analysts. New target price is approximately in line with last closing price of €17.40. Stock is up 15% over the past year. The company is forecast to post earnings per share of €2.05 for next year compared to €1.74 last year.Buy Or Sell Opportunity • Nov 17Now 194% overvalued after recent price riseOver the last 90 days, the stock has risen 852% to €14.48. The fair value is estimated to be €4.92, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last year. Earnings per share has grown by 32%. For the next 3 years, revenue is forecast to grow by 0.09% per annum. Earnings are also forecast to grow by 8.8% per annum over the same time period.お知らせ • Oct 14Havas N.V. Confirms Earnings Guidance for Fiscal Year 2025Havas N.V. Confirmed earnings guidance for fiscal year 2025. The company expects net revenue organic growth: a range of between +2.5% and +3.0% (versus previous guidance of above +2.0%).分析記事 • Sep 19Havas (AMS:HAVAS) Seems To Use Debt Quite SensiblyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...お知らせ • Sep 13Havas Appoints Alberto Canteli as Executive Chairman AfricaHavas announced the appointment of Alberto Canteli as Executive Chairman Africa, effective September 1, 2025. Based in addition to his current role as Chairman and CEO of Havas Nordics, Benelux, Central & Eastern Europe, and the Middle East, Canteli will oversee the Group's strategy and expansion across the African continent. The move follows the recent nomination of Provit Chemmani as CEO Africa, based in Johannesburg, who will report directly to Canteli. Together, the new leadership structure aims to position Africa as a strategic growth driver for Havas' global ambitions, bringing fresh energy and direction to the Group's operations in the region. With a proven track record of leading complex and diverse regions, Canteli has successfully deployed Centers of Excellence worldwide, a model Havas plans to replicate in Africa to accelerate transformation and impact. Canteli will continue his leadership responsibilities across the Nordics, Benelux, Central & Eastern Europe, and the Middle East, ensuring synergy and alignment across these critical markets for Havas' global network.分析記事 • Aug 01Analyst Estimates: Here's What Brokers Think Of Havas N.V. (AMS:HAVAS) After Its Half-Year ReportShareholders might have noticed that Havas N.V. ( AMS:HAVAS ) filed its interim result this time last week. The early...Reported Earnings • Jul 31First half 2025 earnings releasedFirst half 2025 results: Revenue: €1.35b (down 1.5% from 1H 2024). Net income: €74.0m (up 4.2% from 1H 2024). Profit margin: 5.5% (up from 5.2% in 1H 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Media industry in Europe.お知らせ • Jul 29Havas Reaffirms Earnings Guidance for Fiscal Year 2025Havas reaffirmed earnings guidance for fiscal year 2025. For the period, the company expects Net revenue organic growth above 2.0% compared to 2024.お知らせ • Jul 23Havas N.V. (ENXTAM:HAVAS) acquired TIDART INTERNET SERVICES, S.L.Havas N.V. (ENXTAM:HAVAS) acquired TIDART INTERNET SERVICES, S.L. on July 22, 2025. Havas N.V. (ENXTAM:HAVAS) completed the acquisition of TIDART INTERNET SERVICES, S.L. on July 22, 2025.お知らせ • Jun 23Havas N.V.(ENXTAM:HAVAS) dropped from FTSE All-World Index (USD)Havas N.V.(ENXTAM:HAVAS) dropped from FTSE All-World Index (USD)New Risk • Jun 15New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Dutch stocks, typically moving 6.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.お知らせ • Jun 09Havas N.V. (ENXTAM:HAVAS) commences an Equity Buyback Plan for 10% of its issued share capital, under the authorization approved on May 28, 2025.Havas N.V. (ENXTAM:HAVAS) commences share repurchases on June 2, 2025, under the program mandated by shareholders in the Annual General Meeting held on May 28, 2025. As per the mandate, the company is authorized to repurchase up to 10% of its issued share capital. The price to be paid for repurchases should range from share's nominal value of the Ordinary Shares (at the time of the acquisition) and up to 110% of the market price for the Ordinary Shares on Euronext Amsterdam. The purpose of the program is to use the repurchased shares for short or long term incentive for management or funding of the acquisition. The authorization will be valid for 18 months. On May 28, 2025, the company announced a share repurchase program. Under the program, the company will repurchase up to 99,181,149 shares, representing 10% of its issued share capital for €50 million. The purpose of the program is to reduce company;s share capital; or to use the shares for short or long-term incentive for management or employees’ share plan. The program will commence from June 2, 2025 and will be valid till the Annual General Meeting of the company in 2026.お知らせ • May 28Havas N.V. Approves the Distribution of Capital the Financial Year 2024, Payable on June 5, 2025Havas N.V. at its 2025 annual general meeting of shareholders held on May 28, 2025, approved the distribution of capital from the share premium reserve of €0.08 per ordinary share in the capital of the Company in relation to the financial year 2024. The expected payment schedule for the distribution in cash is the following: May 30, 2025: Ex-dividend date. June 2, 2025: Record date. June 5, 2025: Dividend payment date.分析記事 • May 22Insufficient Growth At Havas N.V. (AMS:HAVAS) Hampers Share PriceWhen close to half the companies in the Netherlands have price-to-earnings ratios (or "P/E's") above 20x, you may...お知らせ • May 07Havas Announces the Appointment of Nitin Verma as Group Head for Havas Media Network IndiaHavas has announced the appointment of Nitin Verma as group head for Havas Media Network India. He will be based out of Gurugram office. Nitin, who joins from GroupM after working as media planning manager for around 3 years, announced this move on his LinkedIn profile. A seasoned professional with a strong background in media strategy, advertising, and brand management Nitin has a wealth of experience from his previous roles at prominent organizations like The Walt Disney Studios, and Sony Pictures Entertainment. Nitin has pursued MBA in marketing from Mahatma Jyotiba Phule (MJP) Rohilkhand University.お知らせ • Apr 17Havas N.V., Annual General Meeting, May 28, 2025Havas N.V., Annual General Meeting, May 28, 2025. Location: hotel okura amsterdam, ferdinand bolstraat 333, 1072 lh amsterdam, amsterdam NetherlandsReported Earnings • Apr 16Full year 2024 earnings released: EPS: €0.17 (vs €0.17 in FY 2023)Full year 2024 results: EPS: €0.17 (up from €0.17 in FY 2023). Revenue: €2.86b (flat on FY 2023). Net income: €173.0m (up 3.6% from FY 2023). Profit margin: 6.0% (up from 5.8% in FY 2023). Revenue is forecast to grow 1.4% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Media industry in Europe.Valuation Update With 7 Day Price Move • Apr 14Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €1.35, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 10x in the Media industry in Europe.お知らせ • Apr 10Havas N.V. to Report Q2, 2025 Results on Jul 29, 2025Havas N.V. announced that they will report Q2, 2025 results After-Market on Jul 29, 2025お知らせ • Mar 20Havas Appoints Franois Laroze as Global COOHavas has announced the promotion of Francois Laroze to Global Chief Operating Officer (COO), in addition to his existing role as Chief Financial Officer (CFO). This announcement follows the Group's successful listing on Euronext Amsterdam. Francois Laroze has been with Havas since 2007, gaining extensive experience and a deep understanding of the Group's business activities and core processes. In his expanded role as COO, Laroze will collaborate with the Group's Executive Committee to achieve the ambitious goals set for the financial market in both the short and medium term. His responsibilities will include ensuring solid organic growth through client retention, new business development, and in-business development, leveraging the Converged strategy. He will also focus on increasing profitability by maintaining a strong emphasis on cost management and ensuring recurrent cash flow generation.分析記事 • Mar 17Here's Why Havas (AMS:HAVAS) Can Manage Its Debt ResponsiblyWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...お知らせ • Mar 06Havas N.V. to Report Fiscal Year 2024 Results on Apr 15, 2025Havas N.V. announced that they will report fiscal year 2024 results at 5:40 PM, Central European Standard Time on Apr 15, 2025Reported Earnings • Mar 06Full year 2024 earnings releasedFull year 2024 results: Revenue: €2.86b (flat on FY 2023). Net income: €173.0m (up 3.6% from FY 2023). Profit margin: 6.0% (up from 5.8% in FY 2023). Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Media industry in Europe.お知らせ • Feb 06Havas N.V. (ENXTAM:HAVAS) acquired an unknown majority stake in Absurd Media Group Inc.Havas N.V. (ENXTAM:HAVAS) acquired an unknown majority stake in Absurd Media Group Inc. on February 4, 2025. Absurd Media Group Inc will retain its brand identity within Havas’ portfolio, with founder and CEO Joshua Kreitzer staying at the helm and Greg James, CEO of Havas Media Network North America, overseeing the integration. Absurd Media Group Inc 80 employees will join Havas. Havas N.V. (ENXTAM:HAVAS) completed the acquisition of an unknown majority stake in Absurd Media Group Inc. on February 4, 2025.お知らせ • Jan 09Havas N.V.Launches 'Shape Shifting' - A Creator-Led Content Platform, Debuting with the GLP-1 RevolutionHavas launched Shape Shifting — its first-ever creator-led, serialized content platform focused on the unfolding GLP-1 revolution — at the 2025 Consumer Electronics Show (CES). By combining medical and cultural expertise with episodic content targeted to GLP-1-curious and current users, this platform marks Havas' bold step into building an editorially driven media property. In partnership with Made In Network, one of the world's leading producers and publishers of creator-led programming, Shape Shifting explores the cultural and scientific transformation sparked by GLP-1 medications like Ozempic, Wegovy, and Mounjaro. Amidst the crowded social conversation on the topic, Shape Shifting provides an objective and trusted, science-led alternative to separate fact from fiction. Created in partnership with medical professionals and creative leaders, the series educates audiences on the profound micro and macro shifts in culture associated with GLP-1 use. Shape Shifting offers brands a credible and engaging way to connect with a wide, curious audience while redefining how brands can lead in this new media environment. This groundbreaking first installment focusing on GLP-1 treatments, bridges health, culture, and commerce through trusted storytelling. With Shape Shifting as its first entry in the creator-driven content space, Havas is setting a new standard for how serialized episodic online can turn a brand's given expertise into its greatest asset - building compelling narratives and creating unparalleled engagement in today's modern content-dominated era. Havas is debuting Shape Shifting at CES 2025. The presentation will explore how GLP-1s are driving a cultural shift and why brands must lead with credibility in an online world dominated by creators.Buy Or Sell Opportunity • Dec 19Now 22% undervaluedThe stock has been flat over the last 90 days, currently trading at €1.46. The fair value is estimated to be €1.88, however this is not to be taken as a buy recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 2.2% per annum. Earnings are also forecast to grow by 3.7% per annum over the same time period.お知らせ • Dec 16Cathia Lawson-Hall Joins Havas NV's BoardEndeavour Mining plc announced in accordance with UK Listing Rule 6.4.9R that Cathia Lawson-Hall, a Non-Executive Director of the Company, is on the board, as a non-executive director, of Havas NV, a company which listed on the Euronext Amsterdam.業績と収益の成長予測ENXTAM:HAVAS - アナリストの将来予測と過去の財務データ ( )EUR Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/20282,977243297377712/31/20272,911222284358712/31/20262,847202262330712/31/20252,913189327363N/A9/30/20252,909183280316N/A6/30/20252,905176233269N/A3/31/20252,884175221256N/A12/31/20242,863173208242N/A9/30/20242,892173235269N/A6/30/20242,920172261296N/A3/31/20242,896170284319N/A12/31/20232,872167306341N/A12/31/20222,765171333370N/A12/31/20212,341113306332N/A6/30/20172,297149N/A265N/A3/31/20172,287163N/A271N/A12/31/20162,276177N/A276N/A9/30/20162,259177N/A286N/A6/30/20162,241177N/A295N/A3/31/20162,215175N/A266N/A12/31/20152,188172N/A236N/A9/30/20152,110165N/A213N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: HAVASの予測収益成長率 (年間8.4% ) は 貯蓄率 ( 2.1% ) を上回っています。収益対市場: HAVASの収益 ( 8.4% ) Dutch市場 ( 15.6% ) よりも低い成長が予測されています。高成長収益: HAVASの収益は増加すると予測されていますが、大幅には増加しません。収益対市場: HAVASの収益 ( 0.5% ) Dutch市場 ( 10.1% ) よりも低い成長が予測されています。高い収益成長: HAVASの収益 ( 0.5% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: HAVASの 自己資本利益率 は、3年後には低くなると予測されています ( 11.2 %)。成長企業の発掘7D1Y7D1Y7D1YMedia 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/07/10 19:55終値2026/07/10 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社の Github ページ でご覧いただけます。また、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Havas N.V. 7 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。25 アナリスト機関JULIEN ROCHBarclaysAnna PatriceBerenbergAnnick MaasBernstein22 その他のアナリストを表示
Price Target Changed • Jan 13Price target decreased by 12% to €17.26Down from €19.50, the current price target is an average from 7 analysts. New target price is approximately in line with last closing price of €17.40. Stock is up 15% over the past year. The company is forecast to post earnings per share of €2.05 for next year compared to €1.74 last year.
お知らせ • Oct 14Havas N.V. Confirms Earnings Guidance for Fiscal Year 2025Havas N.V. Confirmed earnings guidance for fiscal year 2025. The company expects net revenue organic growth: a range of between +2.5% and +3.0% (versus previous guidance of above +2.0%).
分析記事 • Aug 01Analyst Estimates: Here's What Brokers Think Of Havas N.V. (AMS:HAVAS) After Its Half-Year ReportShareholders might have noticed that Havas N.V. ( AMS:HAVAS ) filed its interim result this time last week. The early...
お知らせ • Jul 29Havas Reaffirms Earnings Guidance for Fiscal Year 2025Havas reaffirmed earnings guidance for fiscal year 2025. For the period, the company expects Net revenue organic growth above 2.0% compared to 2024.
ライブニュース • Jun 17Havas Shares: €50 Million Buyback Program Renewed With Fresh Repurchases in 2026Havas N.V. has renewed its shareholder-authorized share buyback program, set to start on May 14, 2026 and run until the 2027 annual general meeting. The renewed program allows for the repurchase of up to 9,918,114 ordinary shares with a maximum total allocation of €50 million. Repurchased shares may be used either for share capital reduction or to fund management and employee incentive plans, with 27,816 shares already bought back between May 11 and June 12, 2026 as part of ongoing activity. The renewed buyback framework indicates that Havas is committing significant capital to reducing its free float or supporting equity-based compensation, which can influence earnings per share and ownership structure over time. You may want to monitor how actively Havas uses this €50 million envelope and whether shares are cancelled or held for incentives, as that mix affects both dilution risk and the long-term impact on existing shareholders.
お知らせ • Jun 12Havas N.V. (ENXTAM:HAVAS) acquired an unknown majority stake in ARCHRIVAL4EVER, Inc.Havas N.V. (ENXTAM:HAVAS) acquired an unknown majority stake in ARCHRIVAL4EVER, Inc. on June 10, 2026. Havas N.V. (ENXTAM:HAVAS) completed the acquisition of an unknown majority stake in ARCHRIVAL4EVER, Inc. on June 10, 2026.
ライブニュース • Jun 09Havas Launches €50 Million Share Buyback With Flexibility For Incentives And Capital ReductionHavas renewed its shareholder-authorized share buyback program, set to start on May 14, 2026 and run until the 2027 annual general meeting, with a maximum allocation of €50 million. The renewed program permits repurchases of up to 9,918,114 ordinary shares, which can be used either for share capital reduction or to fund management and employee incentive plans. Since the May 13, 2026 renewal announcement, Havas has repurchased 22,816 shares on the exchange through a series of transactions completed by June 5, 2026. The renewed buyback indicates that the company is committing meaningful capital to repurchases while also preserving flexibility to support employee and management incentives. For those tracking capital allocation, it may be useful to monitor how Havas uses the €50 million capacity and whether repurchased shares are cancelled or retained for incentive programs, as this can affect both ownership dilution and future earnings per share.
Upcoming Dividend • May 08Upcoming dividend of €0.80 per shareEligible shareholders must have bought the stock before 15 May 2026. Payment date: 21 May 2026. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 4.8%. Lower than top quartile of Dutch dividend payers (5.0%). In line with average of industry peers (5.2%).
Reported Earnings • Apr 01Full year 2025 earnings released: EPS: €1.93 (vs €1.74 in FY 2024)Full year 2025 results: EPS: €1.93 (up from €1.74 in FY 2024). Revenue: €2.91b (up 1.7% from FY 2024). Net income: €189.0m (up 9.2% from FY 2024). Profit margin: 6.5% (up from 6.0% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years compared to a 2.4% growth forecast for the Media industry in Europe.
Valuation Update With 7 Day Price Move • Feb 24Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €16.95, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 10x in the Media industry in Europe. Total returns to shareholders of 21% over the past year.
Reported Earnings • Feb 19Full year 2025 earnings released: EPS: €1.93 (vs €1.74 in FY 2024)Full year 2025 results: EPS: €1.93 (up from €1.74 in FY 2024). Revenue: €2.91b (up 1.7% from FY 2024). Net income: €189.0m (up 9.2% from FY 2024). Profit margin: 6.5% (up from 6.0% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years compared to a 2.3% growth forecast for the Media industry in Europe.
New Risk • Feb 18New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Dutch stocks, typically moving 6.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
お知らせ • Feb 18+ 2 more updatesHavas N.V., Annual General Meeting, May 13, 2026Havas N.V., Annual General Meeting, May 13, 2026. Location: amsterdam Netherlands
分析記事 • Jan 16There's Been No Shortage Of Growth Recently For Havas' (AMS:HAVAS) Returns On CapitalIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...
Price Target Changed • Jan 13Price target decreased by 12% to €17.26Down from €19.50, the current price target is an average from 7 analysts. New target price is approximately in line with last closing price of €17.40. Stock is up 15% over the past year. The company is forecast to post earnings per share of €2.05 for next year compared to €1.74 last year.
Buy Or Sell Opportunity • Nov 17Now 194% overvalued after recent price riseOver the last 90 days, the stock has risen 852% to €14.48. The fair value is estimated to be €4.92, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last year. Earnings per share has grown by 32%. For the next 3 years, revenue is forecast to grow by 0.09% per annum. Earnings are also forecast to grow by 8.8% per annum over the same time period.
お知らせ • Oct 14Havas N.V. Confirms Earnings Guidance for Fiscal Year 2025Havas N.V. Confirmed earnings guidance for fiscal year 2025. The company expects net revenue organic growth: a range of between +2.5% and +3.0% (versus previous guidance of above +2.0%).
分析記事 • Sep 19Havas (AMS:HAVAS) Seems To Use Debt Quite SensiblyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
お知らせ • Sep 13Havas Appoints Alberto Canteli as Executive Chairman AfricaHavas announced the appointment of Alberto Canteli as Executive Chairman Africa, effective September 1, 2025. Based in addition to his current role as Chairman and CEO of Havas Nordics, Benelux, Central & Eastern Europe, and the Middle East, Canteli will oversee the Group's strategy and expansion across the African continent. The move follows the recent nomination of Provit Chemmani as CEO Africa, based in Johannesburg, who will report directly to Canteli. Together, the new leadership structure aims to position Africa as a strategic growth driver for Havas' global ambitions, bringing fresh energy and direction to the Group's operations in the region. With a proven track record of leading complex and diverse regions, Canteli has successfully deployed Centers of Excellence worldwide, a model Havas plans to replicate in Africa to accelerate transformation and impact. Canteli will continue his leadership responsibilities across the Nordics, Benelux, Central & Eastern Europe, and the Middle East, ensuring synergy and alignment across these critical markets for Havas' global network.
分析記事 • Aug 01Analyst Estimates: Here's What Brokers Think Of Havas N.V. (AMS:HAVAS) After Its Half-Year ReportShareholders might have noticed that Havas N.V. ( AMS:HAVAS ) filed its interim result this time last week. The early...
Reported Earnings • Jul 31First half 2025 earnings releasedFirst half 2025 results: Revenue: €1.35b (down 1.5% from 1H 2024). Net income: €74.0m (up 4.2% from 1H 2024). Profit margin: 5.5% (up from 5.2% in 1H 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Media industry in Europe.
お知らせ • Jul 29Havas Reaffirms Earnings Guidance for Fiscal Year 2025Havas reaffirmed earnings guidance for fiscal year 2025. For the period, the company expects Net revenue organic growth above 2.0% compared to 2024.
お知らせ • Jul 23Havas N.V. (ENXTAM:HAVAS) acquired TIDART INTERNET SERVICES, S.L.Havas N.V. (ENXTAM:HAVAS) acquired TIDART INTERNET SERVICES, S.L. on July 22, 2025. Havas N.V. (ENXTAM:HAVAS) completed the acquisition of TIDART INTERNET SERVICES, S.L. on July 22, 2025.
お知らせ • Jun 23Havas N.V.(ENXTAM:HAVAS) dropped from FTSE All-World Index (USD)Havas N.V.(ENXTAM:HAVAS) dropped from FTSE All-World Index (USD)
New Risk • Jun 15New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Dutch stocks, typically moving 6.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
お知らせ • Jun 09Havas N.V. (ENXTAM:HAVAS) commences an Equity Buyback Plan for 10% of its issued share capital, under the authorization approved on May 28, 2025.Havas N.V. (ENXTAM:HAVAS) commences share repurchases on June 2, 2025, under the program mandated by shareholders in the Annual General Meeting held on May 28, 2025. As per the mandate, the company is authorized to repurchase up to 10% of its issued share capital. The price to be paid for repurchases should range from share's nominal value of the Ordinary Shares (at the time of the acquisition) and up to 110% of the market price for the Ordinary Shares on Euronext Amsterdam. The purpose of the program is to use the repurchased shares for short or long term incentive for management or funding of the acquisition. The authorization will be valid for 18 months. On May 28, 2025, the company announced a share repurchase program. Under the program, the company will repurchase up to 99,181,149 shares, representing 10% of its issued share capital for €50 million. The purpose of the program is to reduce company;s share capital; or to use the shares for short or long-term incentive for management or employees’ share plan. The program will commence from June 2, 2025 and will be valid till the Annual General Meeting of the company in 2026.
お知らせ • May 28Havas N.V. Approves the Distribution of Capital the Financial Year 2024, Payable on June 5, 2025Havas N.V. at its 2025 annual general meeting of shareholders held on May 28, 2025, approved the distribution of capital from the share premium reserve of €0.08 per ordinary share in the capital of the Company in relation to the financial year 2024. The expected payment schedule for the distribution in cash is the following: May 30, 2025: Ex-dividend date. June 2, 2025: Record date. June 5, 2025: Dividend payment date.
分析記事 • May 22Insufficient Growth At Havas N.V. (AMS:HAVAS) Hampers Share PriceWhen close to half the companies in the Netherlands have price-to-earnings ratios (or "P/E's") above 20x, you may...
お知らせ • May 07Havas Announces the Appointment of Nitin Verma as Group Head for Havas Media Network IndiaHavas has announced the appointment of Nitin Verma as group head for Havas Media Network India. He will be based out of Gurugram office. Nitin, who joins from GroupM after working as media planning manager for around 3 years, announced this move on his LinkedIn profile. A seasoned professional with a strong background in media strategy, advertising, and brand management Nitin has a wealth of experience from his previous roles at prominent organizations like The Walt Disney Studios, and Sony Pictures Entertainment. Nitin has pursued MBA in marketing from Mahatma Jyotiba Phule (MJP) Rohilkhand University.
お知らせ • Apr 17Havas N.V., Annual General Meeting, May 28, 2025Havas N.V., Annual General Meeting, May 28, 2025. Location: hotel okura amsterdam, ferdinand bolstraat 333, 1072 lh amsterdam, amsterdam Netherlands
Reported Earnings • Apr 16Full year 2024 earnings released: EPS: €0.17 (vs €0.17 in FY 2023)Full year 2024 results: EPS: €0.17 (up from €0.17 in FY 2023). Revenue: €2.86b (flat on FY 2023). Net income: €173.0m (up 3.6% from FY 2023). Profit margin: 6.0% (up from 5.8% in FY 2023). Revenue is forecast to grow 1.4% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Media industry in Europe.
Valuation Update With 7 Day Price Move • Apr 14Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €1.35, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 10x in the Media industry in Europe.
お知らせ • Apr 10Havas N.V. to Report Q2, 2025 Results on Jul 29, 2025Havas N.V. announced that they will report Q2, 2025 results After-Market on Jul 29, 2025
お知らせ • Mar 20Havas Appoints Franois Laroze as Global COOHavas has announced the promotion of Francois Laroze to Global Chief Operating Officer (COO), in addition to his existing role as Chief Financial Officer (CFO). This announcement follows the Group's successful listing on Euronext Amsterdam. Francois Laroze has been with Havas since 2007, gaining extensive experience and a deep understanding of the Group's business activities and core processes. In his expanded role as COO, Laroze will collaborate with the Group's Executive Committee to achieve the ambitious goals set for the financial market in both the short and medium term. His responsibilities will include ensuring solid organic growth through client retention, new business development, and in-business development, leveraging the Converged strategy. He will also focus on increasing profitability by maintaining a strong emphasis on cost management and ensuring recurrent cash flow generation.
分析記事 • Mar 17Here's Why Havas (AMS:HAVAS) Can Manage Its Debt ResponsiblyWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
お知らせ • Mar 06Havas N.V. to Report Fiscal Year 2024 Results on Apr 15, 2025Havas N.V. announced that they will report fiscal year 2024 results at 5:40 PM, Central European Standard Time on Apr 15, 2025
Reported Earnings • Mar 06Full year 2024 earnings releasedFull year 2024 results: Revenue: €2.86b (flat on FY 2023). Net income: €173.0m (up 3.6% from FY 2023). Profit margin: 6.0% (up from 5.8% in FY 2023). Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Media industry in Europe.
お知らせ • Feb 06Havas N.V. (ENXTAM:HAVAS) acquired an unknown majority stake in Absurd Media Group Inc.Havas N.V. (ENXTAM:HAVAS) acquired an unknown majority stake in Absurd Media Group Inc. on February 4, 2025. Absurd Media Group Inc will retain its brand identity within Havas’ portfolio, with founder and CEO Joshua Kreitzer staying at the helm and Greg James, CEO of Havas Media Network North America, overseeing the integration. Absurd Media Group Inc 80 employees will join Havas. Havas N.V. (ENXTAM:HAVAS) completed the acquisition of an unknown majority stake in Absurd Media Group Inc. on February 4, 2025.
お知らせ • Jan 09Havas N.V.Launches 'Shape Shifting' - A Creator-Led Content Platform, Debuting with the GLP-1 RevolutionHavas launched Shape Shifting — its first-ever creator-led, serialized content platform focused on the unfolding GLP-1 revolution — at the 2025 Consumer Electronics Show (CES). By combining medical and cultural expertise with episodic content targeted to GLP-1-curious and current users, this platform marks Havas' bold step into building an editorially driven media property. In partnership with Made In Network, one of the world's leading producers and publishers of creator-led programming, Shape Shifting explores the cultural and scientific transformation sparked by GLP-1 medications like Ozempic, Wegovy, and Mounjaro. Amidst the crowded social conversation on the topic, Shape Shifting provides an objective and trusted, science-led alternative to separate fact from fiction. Created in partnership with medical professionals and creative leaders, the series educates audiences on the profound micro and macro shifts in culture associated with GLP-1 use. Shape Shifting offers brands a credible and engaging way to connect with a wide, curious audience while redefining how brands can lead in this new media environment. This groundbreaking first installment focusing on GLP-1 treatments, bridges health, culture, and commerce through trusted storytelling. With Shape Shifting as its first entry in the creator-driven content space, Havas is setting a new standard for how serialized episodic online can turn a brand's given expertise into its greatest asset - building compelling narratives and creating unparalleled engagement in today's modern content-dominated era. Havas is debuting Shape Shifting at CES 2025. The presentation will explore how GLP-1s are driving a cultural shift and why brands must lead with credibility in an online world dominated by creators.
Buy Or Sell Opportunity • Dec 19Now 22% undervaluedThe stock has been flat over the last 90 days, currently trading at €1.46. The fair value is estimated to be €1.88, however this is not to be taken as a buy recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 2.2% per annum. Earnings are also forecast to grow by 3.7% per annum over the same time period.
お知らせ • Dec 16Cathia Lawson-Hall Joins Havas NV's BoardEndeavour Mining plc announced in accordance with UK Listing Rule 6.4.9R that Cathia Lawson-Hall, a Non-Executive Director of the Company, is on the board, as a non-executive director, of Havas NV, a company which listed on the Euronext Amsterdam.