Inspiration meets innovation at Brandweek, the ultimate marketing experience. Join industry luminaries, rising talent and strategic experts in Phoenix, Arizona this September 23–26 to assess challenges, develop solutions and create new pathways for growth. Register early to save.
WPP’s third-quarter growth lagged behind that of its rivals as worldwide economic conditions took a toll on the advertising and marketing conglomerate’s growth, the Guardian reported today.
While analysts predicted full-year growth to hit 6 percent, the company saw growth in the third quarter fall to 4.7 percent on revenues of $3.95 billion. It had previously reported growth of 6.7 percent in the first quarter of 2011 and 5.6 percent in the second quarter.
WPP’s biggest rivals, meanwhile, all delivered stronger third-quarter results, with Havas, Omnicom, and Publicis reporting respective growth rates of 7.3
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in