Wpp Hit by Decline in Advertising [Scot Region Edition 2]

Daily MailApril 29, 2009

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Summary


ADVERTISING giant WPP warned that profits will fail to reach targets this year as big companies continue to cut corners, writes Simon Duke.

In a grim trading update, WPP revealed that underlying turnover suffer a 'mid-single digit' drop in 2009 after tumbling 5.8pc in the first quarter.

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Wpp Hit by Decline in Advertising [Scot Region Edition 2]

Profit margins would also fall short of exp...

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