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Edge10 Jul 2026
Inside Take-Two: The Grand Anticipation
The story of how Take-Two Interactive built the empire behind Grand Theft Auto, Red Dead Redemption, and one of gaming's largest mobile portfolios.
Havas
Havas (HAVAS) investor relations material
Havas Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 earnings summary23 Jul, 2026
Executive summary
Net revenue for H1 2026 reached €1,362 million, up 1.2% year-over-year, with organic growth of 2.5%.
Adjusted EBIT rose 4.2% to €150 million, with margin improving by 30 basis points to 11.0% year-over-year.
Net income, Group share, increased by 13.5% to €84 million compared to H1 2025.
Performance achieved despite volatile macroeconomic conditions and limited exposure to the Middle East.
Eight acquisitions completed, including significant investments in sports marketing, corporate PR, and AI/data tech.
Financial highlights
Revenue for H1 2026 was €1,416 million (+0.6% YoY); net revenue €1,362 million (+1.2% YoY).
Adjusted EBIT margin improved to 11.0% from 10.7% in H1 2025.
Net income, Group share, up 13.5% YoY to €84 million; net financial expenses decreased to €7 million from €17 million YoY.
Effective tax rate reduced to 13.6% from 31.8% in H1 2025.
Net cash position at June 2026 was (€76 million), with available liquidity of €1,301 million.
Outlook and guidance
Guidance for full year 2026 confirmed: organic growth between 2.0% and 3.0%, adjusted EBIT margin of 13.2% to 13.5%, payout ratio around 40%.
Midterm target: adjusted EBIT margin of 14.0% to 15.0% by 2028.
Expectation that Middle East conditions will remain stable in H2; guidance reaffirmed.
Impact of Phase III trial failures on Havas Health
Rationale for Louis Hachette Group investment
Drivers of H1 2026 restructuring cost increase
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Latest events from Havas
- Q1 2026 net revenue up 2.5% organically to €638M; guidance and M&A focus reaffirmed.HAVAS
Q1 2026 TU12 Jun 2026 - Organic growth reached 3.1% with higher margins, strong cash flow, and a positive 2026 outlook.HAVASQ4 202517 Apr 2026
- H1 2025: 2.9% net revenue growth, 8.3% EBIT rise, five acquisitions, and AI rollout.HAVASQ2 202516 Nov 2025
- Q3 organic net revenue grew 3.8%, with raised guidance, margin gains, and AI-driven initiatives.HAVASQ3 2025 TU14 Oct 2025
- Strong financials, strategic transformation, and all resolutions approved by large majorities.HAVASAGM 2025 Presentation27 Aug 2025
- Q1 2025 net revenue rose 5.2% to €649m, with strong organic growth and guidance reaffirmed.HAVASQ1 2025 TU27 Aug 2025
Next Havas earnings date
Q3 2026 TU13 Oct, 2026
Havas
Next Havas earnings date
Q3 2026 TU13 Oct, 2026
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