WPP revenues beat forecasts in third quarter
The group, headed by Sir Martin Sorrell, said total revenues for the three months to 30 September grew 7.4 per cent to £2.68 billion, with like-for-like growth of 5 per cent – well ahead of the 3.8 per cent predicted by analysts.
Like-for-like sales in the UK soared 8.1 per cent, while North America, its largest business, was up 4.6 per cent.
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Hide AdWPP said: “Third-quarter like-for-like revenue growth showed a marked increase over the first and second quarters of the year, particularly in the months of July and September, which in the latter case is partly as a result of easier comparatives.”