QinetiQ profit beats forecasts despite dip in revenue
PARIS - Havas N.V. (EURONEXT:HAVAS), currently trading at €1.75 with a market capitalization of €1.72 billion, reported purchasing 628,764 of its own shares between October 13 and October 17, 2025, at an average price of €1.5096 per share as part of its ongoing share buyback program. According to InvestingPro analysis, the company appears undervalued based on its Fair Value estimates.
The transactions are part of the €50 million share repurchase initiative that the global communications group announced on May 28, 2025. According to the company statement, Havas has repurchased a total of 12,908,874 shares since the program’s inception, with a total consideration of €1.5019. The company maintains a healthy financial position with a P/E ratio of 8.7 and offers an attractive dividend yield of 5.34%.
The Paris-based firm provides weekly updates on the progress of its share buyback program every Monday on its corporate website.
Founded in 1835, Havas operates in over 100 markets worldwide with approximately 23,000 employees. The company offers integrated marketing and communications services through its "Converged" operating system, which combines the firm’s expertise, tools and capabilities.
This information is based on a press release statement issued by Havas N.V.
In other recent news, Havas reported steady growth for the third quarter of 2025, achieving revenue of €656 million, which reflects an organic growth rate of 3.8%. The company has upgraded its organic growth guidance for the year, now expecting an increase of 2.5-3%, up from the previous forecast of above 2%. This development comes despite a challenging macroeconomic environment, as Havas has focused on strategic initiatives such as AI integration and maintaining profitable growth. These recent developments highlight the company’s resilience and adaptability in a competitive market.
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