Hasta La Creative!

WPP Group reported organic revenue growth of 2.9% in 2012, and Group CEO Martin Sorrell said 2013 will be another “challenging year.”

Factoring in 2.9% growth from acquisitions and a drop of 2.3% from currency fluctuations, revenue was up by 3.5%, to $15.6 billion. Billings fell slightly to about $66 billion, due to the weakness of the pound.

Pre-tax profits for the world’s biggest communications group were up 8.3% to $1.6 billion, although – because taxation on profits was higher and sterling weaker than in 2011 – profits after tax fell by 2.4% to $1.34 billion.

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