Friday 2 December 2016

In brief: US market drives growth at WPP

Advertising

Published 30/10/2010 | 05:00

WPP has reported its fastest growth in a decade, driven by an American economy behaving "more like an emerging market than a mature one".

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The world's biggest advertising agency announced third-quarter revenue of £2.253bn (€2.59bn) yesterday. The 7.5pc like-for-like growth was the highest quarterly rate since the fourth quarter of 2000. Martin Sorrell, WPP's chief executive, said that the US had recovered more strongly than expected, with like-for-like revenue growth of almost 10pc in the third quarter.

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Irish Independent

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