Havas Future Growth

Future criteria checks 1/6

Havas is forecast to grow earnings and revenue by 3.4% and 2.2% per annum respectively.

Key information

3.4%

Earnings growth rate

n/a

EPS growth rate

Media earnings growth	9.4%
Revenue growth rate	2.2%
Future return on equity	n/a
Analyst coverage	Low
Last updated	17 Dec 2024

Recent future growth updates

No updates

Recent updates

Earnings and Revenue Growth Forecasts

ENXTAM:HAVAS - Analysts future estimates and past financials data (EUR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	2,884	N/A	315	N/A	2
12/31/2025	2,803	205	304	N/A	2
12/31/2024	2,726	188	283	N/A	2
6/30/2017	2,297	149	172	265	N/A
3/31/2017	2,287	163	184	271	N/A
12/31/2016	2,276	177	196	276	N/A
9/30/2016	2,259	177	218	286	N/A
6/30/2016	2,241	177	240	295	N/A
3/31/2016	2,215	175	209	266	N/A
12/31/2015	2,188	172	178	236	N/A
9/30/2015	2,110	165	150	213	N/A
6/30/2015	2,032	157	122	190	N/A
3/31/2015	1,949	149	147	207	N/A
12/31/2014	1,865	140	171	223	N/A
9/30/2014	1,830	135	175	227	N/A
6/30/2014	1,795	130	179	230	N/A
3/31/2014	1,784	129	146	206	N/A
12/31/2013	1,772	128	112	181	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: HAVAS's forecast earnings growth (3.4% per year) is above the savings rate (1.2%).

Earnings vs Market: HAVAS's earnings (3.4% per year) are forecast to grow slower than the Dutch market (15.8% per year).

High Growth Earnings: HAVAS's earnings are forecast to grow, but not significantly.

Revenue vs Market: HAVAS's revenue (2.2% per year) is forecast to grow slower than the Dutch market (8.7% per year).

High Growth Revenue: HAVAS's revenue (2.2% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if HAVAS's Return on Equity is forecast to be high in 3 years time

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/17 02:18
End of Day Share Price	2024/12/17 00:00
Earnings	2017/06/30
Annual Earnings	2016/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

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Industry and Sector Metrics

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Analyst Sources

Havas SA is covered by 26 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Véronique Cabioc'h Le Brun	AlphaValue
JULIEN ROCH	Barclays
Charles Bedouelle	BNP Paribas Exane