Vivendi's Havas targets up to 15% margin by 2028
Nov 19 (Reuters) -Advertising firm Havas, set to be spun-off from French media conglomerate Vivendi VIV.PA in December, said on Tuesday it aimed to raise its adjusted operating profit margin to between 14% and 15% by 2028, compared to 12.1% last year.
Havas expects the average annual contribution from acquisitions to its net revenue to be 40 million to 50 million euros ($42.3 million to $52.9 million) in the medium term, it said ahead of the Capital Markets Day event it will hold later on Tuesday.
($1 = 0.9454 euros)
Reporting by Gianluca Lo Nostro and Leo Marchandon
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