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.
NEW YORK WPP Group said first-quarter revenue fell by almost 4 percent to $1.45 billion.
Excluding acquisitions and currency fluctuations, revenue was flat, beating analysts’ expectations of a 1 to 3 percent drop. The company also reported net new business billings of $660 million.
In North America, revenue was up 1 percent. In Europe, the UK was down over 3 percent and continental Europe rose more than 3 percent. Revenue for Asia Pacific Latin America, Africa and the Middle East was up more than 3 percent.
The
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in