Vincent Bollore has conducted his first press conference since taking over Havas in June, according to AdWeek (via MediaBuyerPlanner). While investors had hoped that he would outline a growth strategy for the Paris-based company, he instead revealed that the firm is expecting a dip in sales and operating margin in 2006.

However, he also claimed to be in Havas for the long-haul, saying, "I'm not there by coincidence. I'm not passing through. I'm there for a long time," writes Brand Republic.

Speaking on his shares of Aegis, he said that there was a certain logic in merging the media buying operations of the firms, but said that he did not plan to raise his stake in Aegis - currently at 25.05 percent - to more than 30 percent, at which point he would be required to make an offer.

Contrary to earlier rumors, he said that he had no plans on gaining a seat on the Aegis board.