WPP surprises with 5% growth year on year in Q3

WPP reported like-for-like revenue growth up 5% to £2.68bn in the three months to the end September, comfortably beating city expectations.

WPP more than doubled it’s 2.4% revenue growth in the first half and easily beat Publicis, Omnicom and IPG who have reported their quarterly updates recently. Omnicom reported 4.1% like-for-like growth for Q3, Publicis Groupe 3.5% and Interpublic 2.8%.

WPP’s UK business, increased its like-for-like revenues by 8.1% in Q3 and North America grew by 4.6% whilst Asia Pacific and Latin America grew 5.8%.

For the full story click WPP