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WPP reports 19% pre-tax profit growth to £1.296bn

on Feb 27, 2014 | 0 comments

By Stephen Lepitak

WPP saw its revenue grow by 6.2 per cent to over £11bn according to its preliminary results for 2013, while also reporting a pre-tax profit increase of 19 per cent to £1.296bn.

Meanwhile the international marketing network has also reported a like-for-like revenue increase for January of 5.7 per cent, and net sales growth of 4.1 per cent.

Reported billings increased by 4.1 per cent to £46.2bn, while like-for-like revenue growth was recorded across all regions, with ‘strong growth’ witnessed in Asia Pacfic, Latin America, Africa and the Middle East.

As a result, WPP has raised its strategic targets over Read full story ›

Source: The Drum