Aug 26

Profits at WPP, parent of OgilvyOne and Wunderman, down by nearly 50% with growth “unlikely” in 2010

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LONDON – WPP, parent of DM agencies OgilvyOne and Wunderman, saw pre-tax profits fall 47% to £179m in the first six months of 2009, with like-for-like revenues falling 8.3% as the recession accelerated.

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