WPP Returns to Organic Growth, Forecasts ‘Tough’ Quarter Ahead
The numbers WPP reports third-quarter growth of 0.5% in like-for-like organic revenue, while less pass-through costs decreased by 2.6% to $3.5 billion (£2.7 billion). Its performance trails Publicis and Omnicom, which reported 5.8% and 6.5% organic revenue growth last week for the quarter, respectively. Interpublic Group saw a 2.9% decline in third-quarter net revenue. The segment that includes WPP’s creative…