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NEW YORK WPP Group today reported declines in profit, revenue and operating margin for the first half of 2009, as the recessionary headwinds of the first quarter grew stiffer in Q2.
In dollars, the U.K.-based holding company saw its after-tax profit fall 59 percent to $169 million, from $411 million in the first half of 2008. At the same time, revenue declined 3 percent to $6.40 billion, from $6.59 billion in the same period last year.
First-half
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