WPP Reports Record Profits, PR Revenue Up 4.8 Percent
WPP earnings today show a 7.4 percent revenue growth, with full-year revenue numbers topping £10 billion (about $16 billion, according to today’s conversion rates) for the first time. Profits also exceeded £1 billion, a first-ever for the marketing giant.
Billings for the company were up 4.9 percent for the year to £44.8 billion (about $71.4 billion). And operating profits reached £1.43 billion (about $2.28 billion).
On the PR and public affairs front, revenue for the year totaled £886 million (about $1.41 billion), up 4.8
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