Sir Martin Sorrell’s WPP saw its UK revenues increase by 5% in the first five months of 2008.
The company announced a rise in like for like global revenue growth of 4.5% at its AGM in London.
All regions showed strong revenue growth on a constant currency basis, with the US up almost 7%, while the UK and continental Europe were both up 5%.
Central and Eastern Europe enjoyed revenue growth of almost 21%, while Asia Pacific, Latin America, Africa and the Middle East were up almost 18%.
In a statement, WPP said that it is confident for the future, despite commentators’ seemingly unanimous belief that “the world economy is in for a bumpy ride”.
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