Apr
25
WPP Reports 1.5% Revenue Growth for First Quarter of 2014
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WPP reported revenue growth of 1.5% for the first quarter of 2014, and noted that this year looks “very similar” to 2013.
Revenue reported in British pounds2.570 billion in sterlingwas impacted by the sharp rise in the U.K. currency. In dollars, WPP’s first-quarter revenue was up by 8.7% to $4.257 billion.
In North America, which accounts for 35% of WPP’s revenue, growth was 3.4%. In Europe, the U.K. stood out with 12.2% growth.
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