Agency holding company Havas saw $441 million in revenue during the first quarter of 2010, a 1.4% increase year-over-year.
The France-based holding company reported overall Q1 growth of 5.2% in North America, year-over-year, after seeing a 9.2% decline a year ago. South America saw the highest revenue growth of any region for the quarter, at 24.4%.
Among the business accounts won in Q1 were Credit Suisse’s global recruitment advertising duties and Heineken’s North American digital work, both of which are handled by Euro RSCG.
Last month, Havas revealed that full-year 2009 revenues dropped 8.1% to $1.92 billion. Organic growth was down 7.9% for the year.
In February, two Havas agencies, Euro RSCG and Arnold, named new CEOs. Pete Zillig was named co-CEO of Euro RSCG New York. He replaced Andrew Benett, who became CEO of Arnold.
