WPP beats expectations with 4.3% rise in revenue

WPP has reported a 4.3% rise in like-for-like revenue for the first half of 2008 to £3.34bn, after strong growth in emerging markets.In results that exceeded analyst expectations, its post-tax profit was £237.3m, up 16.8% year on year, and overall revenues were up 11.8%.It is increasing its interim dividend for the first half by 20%, and said that the Beijing Olympics and US presidential elections should continue to boost revenue for the second half.

by Campaign India Team