A quarterly trade report released by WPP reports a revenue growth of almost 12% in constant currencies. UK and European interests for the worldwide advertising and marketing group were both up by 12% while revenues in North America rose by 14%.
Branding and identity saw most growth during this period. Acquisitions such as The Brand Union (see WPP Buys The Brand Union) pushed growth for this sector to 32%. Public relations and public affairs grew by over 28% and information and consultancy was up almost 14%.
Overall the groups profitability for the first nine months of this year was well ahead of last year. It is set to achieve its objective of a further 0.6% improvement in operating margins.
WPP: 0171 408 2204
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