WPP today announced a third quarter trading update which showed that the company’s UK operations, which include Ogilvy & Mather and JWT, saw an increase in revenue of 6.3% year on year to £83.9m.
Figures revealed however that of WPP’s various communication companies it was the advertising section which reported the lowest growth at 6.7% year on year to £217.5m. This compares to growth of 18.9% for its information and consultancy operations.
WPP is set to roll out its new media outfit in January (subscribers see Heads Named For WPP Media Outfit), which will combine the media operations of JWT and the Network.
WPP: 0171 408 2204
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