AD Agencies
Havas gets listed independently on Euronext Amsterdam
MUMBAI: It’s got its independence at last. Advertising and marketing services giant Havas today announced the successful listing of its ordinary shares on the regulated market of Euronext in Amsterdam under the ticker HAVAS. This follows the completion of its spin-off from Vivendi and the distribution of Havas’s ordinary shares to Vivendi shareholders on a one-for-one basis, approved by them at the combined general shareholders’ meeting on 9 December 2024.
Havas chairman & CEO Yannick Bolloré said: “The successful completion of Havas’s spin-off and listing on Euronext Amsterdam marks a pivotal step towards the realisation of our long-term vision. It gives us additional flexibility to accelerate our growth across our key business lines and strengthens our unique position within the dynamic marketing and communications industry. Our converged strategy, enhanced by exceptional talent, data-driven insights, cutting-edge technology, and targeted acquisitions, places us in the best possible position to be even more creative and strategic, and deliver robust financial performance, creating long-term value for our shareholders. I would like to thank our talented teams for all their hard work and commitment throughout this process, and all our clients for their trust.”
Through its converged strategy, has drawn up a three pronged way forward to drive growth, creativity and innovation by focusing on three key priorities:
1. Strategic acquisitions: Continue its disciplined approach to acquisitions, targeting high-growth markets and expanding its expertise in data analytics, digital transformation, and AI.
2. Investment in innovation: Prioritise the development of capabilities in data, technology, and AI to deliver cutting-edge solutions, ensuring it remains at the forefront of the industry.
3. Increased Collaboration: Implement a group-wide operating system to fuse all Havas’ global expertise, tools and capabilities and further integrate its networks and agencies worldwide.
As disclosed at the capital markets day held on 19 November 2024:
* Havas is aiming to achieve an Adjusted EBIT margin ranging between 14 per cent and 15 per cent by no later than the financial year ending 31 December 2028. Havas is also aiming to generate contributions to net revenue from new acquisitions averaging between €40 million and €50 million per year over the medium term, driven by the execution of the group’s acquisition strategy.
* Havas believes it can achieve the following as of and for the year ending 31 December 2024:
o A change in net revenue on an organic basis ranging between a decrease of one per cent and no change, compared to the year ended 31 December 2023;
o Adjusted EBIT in excess of €330 million, reflecting management of operating expenses (such as personnel and travel expenses);
o Net cash and cash equivalents (excluding lease liabilities and earn-out and buy-out obligations) of around €150 million.
* For the year ending 31 December, 2025, Havas believes it can achieve the following:
o Net revenue on an organic basis growth in excess of two per cent, compared to the year ending 31 December 2024;
o Adjusted EBIT margin ranging between 12.5 per cent and 13.5 per cent
Regarding its dividend policy, Havas says it intends to provide a regular return on capital to its shareholders through an annual dividend payment. This payment is expected to represent around 40 per cent of the net income (group share) for the relevant financial year, starting in 2025 for the financial year ending 31 December 2024.
AD Agencies
ABBY Awards 2026 names Rajdeepak Das, Khazanchi, Ramaswamy jury chairs
Top creative leaders to steer judging across film and direct categories
MUMBAI: The Ad Club has announced the appointment of three of India’s most prominent creative leaders as jury chairs for the ABBY Awards 2026, powered by The One Club.
Rajdeepak Das, chief creative officer, South Asia, Publicis Groupe and chairman, South Asia, Leo Burnett, will chair the AV Film (TV) category. Ashish Khazanchi, managing partner at Enormous, will lead the AV Film (Digital and OTT) jury, while Anupama Ramaswamy, managing director and chief creative officer at Havas Creative India, takes charge of the Direct category.
The trio brings a mix of creative firepower and industry experience to the judging table. Das is known for blending creativity with technology to solve real-world problems, with landmark campaigns such as Whisper’s “Touch the Pickle” and “Missing Chapter” helping reshape conversations around menstrual health. His work has earned top honours at global platforms including Cannes Lions and The One Show.
Khazanchi, meanwhile, has built Enormous into one of India’s leading independent agencies. Best known for creating Tata Sky’s “Jingalala” campaign, he has played a key role in shaping brand narratives for both legacy companies and startups, picking up hundreds of awards along the way.
Ramaswamy’s appointment rounds off the leadership trio with a strong focus on culturally resonant creativity. Her campaign “Ink of Democracy” became one of the most awarded works globally in 2025, earning multiple honours across Cannes Lions, Clio and Spikes Asia. Over the years, she has built a reputation for work that not only wins awards but also shapes public discourse.
The appointments come as the ABBY Awards continue to sharpen their global positioning, with backing from The One Club adding international heft to the platform.
The awards will be held during Goafest 2026 from May 20 to 22 at Taj Cidade de Goa Horizon, bringing together the industry’s top creative minds for what promises to be a closely watched showcase of ideas.
With heavyweight jury chairs in place, the stage is set for a high-stakes celebration of creativity where craft, culture and commerce collide.
