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BOSTON Strength in emerging markets helped propel WPP Group to a 14 percent rise in first-half net profit to slightly more than $390 million, the holding company said today.
First-half revenue also rose 14 percent to roughly $6.2 billion. In constant currency terms, the improvement was 8 percent. On a like-for-like basis, the gain was 4.5 percent.
In general, the company’s performance met or exceeded most analysts’ projections.
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Despite the overall positive news and the expectation that 2008 would continue apace with ad spending in the U.S.
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