WPP reports 2014 profits 12 % up YoY

WPPWPP reported full-year sales and profit increases in line with analyst expectations on Monday and told investors to expect similar growth rates in 2015 as clients focus on cutting costs and rival agencies offer aggressive discounts. Revenues rose 4.6 per cent to £11.53bn in 2014, while profit before tax increased 12 per cent to £1.45bn.

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