Hotlines: Late-Breaking Industry News

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 Q3 Revenue Growth Falls Short of Expectations

BOSTON WPP’s third-quarter revenue rose 4.9 percent to approximately $3 billion, an 8 percent increase in constant currency terms, compared to the same period a year ago, the holding company said on Friday. On a like-for-like basis, excluding the impact of currency fluctuations and acquisitions, Q3 growth was 5 percent. WPP, led by CEO Martin Sorrell, blamed a weak U.S. dollar for hurting results and causing the company to miss analysts’ growth estimates, which had generally been more than 5.5

AW+

WORK SMARTER - LEARN, GROW AND BE INSPIRED.

Subscribe today!

To Read the Full Story Become an Adweek+ Subscriber

View Subscription Options

Already a member? Sign in