WPP profits despite weak UK market
18/08/2006 - 07:43:27Media and advertising giant WPP today reported a 5% hike in like-for-like revenues but said the UK market continued to weaken.
WPP, which owns agencies including Ogilvy & Mather and Hill & Knowlton, said pre-tax profits rose 24% to £316m (€464m) in the first six months of the year, helped by a strong performance in Africa and the Middle East and Central and Eastern Europe.
Slower growth was seen in the more mature markets of the United States and Western Europe, particularly the UK, WPP said.
