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The Week: City News - WPP reveals revenue drop.(WPP Group PLC revenue report)(Financial report)(Brief article)
WPP has reported a 5.8 per cent drop in like-for-like revenue, year on year, for the first three months of 2009.
The group, which is headed by Sir Martin Sorrell, said in a trading report that the decline was attributable to a fall in client spending induced by the economic crisis and went on to predict that the group would not see recovery until 2010. WPP said that ...
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