WPP 2009 Results: PR Revenues Down 7.4%
WPP (NASDAQ: WPPGY) reported an 8.1% organic revenue decline as part of 2009 full year results, released today. The company’s Public Relations & Public Affairs division reported a 7.4% revenue decline for the year on a like-for-like basis, which “excludes the impact of currency movements and acquisitions.”
From the report:
Public relations and public affairs also experienced a substantially “less worse” position in quarter four, with like-for-like revenues down less than 5%.
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