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BOSTON WPP Group today said its 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. On a like-for-like basis, excluding the impact of currency fluctuations and acquisitions, Q3 growth was 5 percent.
The London-based conglomerate blamed the weak U.S. dollar for holding back revenue growth and causing the company to miss analysts’ growth estimates, which had generally been more than 5.5
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