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Pitch Update: WPP remains in the IAG departure lounge after Read intervenes
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Interview: WPP s Mark Read on the surprising recovery, delayed office return and JWT case
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WPP raises forecast, following further revenue growth
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WPP today reported continuing strong results for the first half of the year, in a sign of optimism for the global marketing industry.
The London-listed ad giant reported revenue growth of 9.8 per cent and new net business worth almost $3bn in the first six months of the year as more customers return to investing in digital media, e-commerce and marketing technology.
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The company posted a 5 per cent rise in revenue less pass-through costs its key metric to £4.9bn.
The like-for-like revenue less pass-through costs growth rate, of 19.3 per cent, in WPP’s second quarter is its highest ever.
WPP hikes staff bonuses after stand-out performer Group M fuels H1 growth
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