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NEW YORK WPP Group today reported a 2004 profit of slightly more than $1 billion, a 15 percent improvement on its performance in 2003. The gain was 23 percent when calculated on a constant currency basis.
The London-based holding company, parent to shops such as Ogilvy & Mather and Young & Rubicam, said its full-year revenue rose nearly 5 percent to about $8.2 billion. In constant currency terms, the gain was 11 percent, and 4 percent on a like-for-like basis.
WPP’s
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