WPP expects stability in 2010
The world’s largest advertising group WPP has seen an improvement in profits after a ‘brutal’ 2009.
The advertising giant said pre-tax profits had tumbled by 16% year-on-year to £812 million. However, this was better than the £780 million forecast.
Meanwhile, revenue grew by 16% to £8.7 billion, while like-for-like sales fell 8%.
The company was hit severely [...]
