WPP Reports Third Quarter Revenue Growth of 3.1%
Posted in: UncategorizedWPP reported revenue growth of 3.1% to $4.4 billion for the third quarter. The company said that on a like-for-like basis, excluding the impact of acquisitions and currency fluctuations, revenue was up 7.6%.
Looking ahead, the company said “Early indications are that revenues and net sales in the final quarter of the year will show lower growth than the first nine months, with an improvement in Asia Pacific and Africa and the Middle East, offset by a slower North America, continental Europe and Latin America.”
For next year, CEO Martin Sorrell said that for the global economy as a whole, 2015 will be “similar or slightly better” than 2014.