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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
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