Havas: stock up after reviewing 2024 targets
(CercleFinance.com) - Havas shares are up nearly 2% in Amsterdam, as the communications group confirmed, as part of the finalisation of its 2024 financial results, that it is well positioned to achieve its 2024 targets, while providing additional details.
The company - recently spun off from Vivendi - expects between -1% and -0.5% organic growth in net sales for the past year, compared with an initial forecast of between -1% and 0% for fiscal 2023.
Havas also anticipates adjusted EBIT of E335m and E340m, against an initial target of over E330m, as well as positive net cash flow of E180m to E220m, against an initial target of around E150m.
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