WPP reports ‘strong growth’ up 6.7% in Q1 trading update

April 27, 2022 5:46

Global advertising group, WPP has reported ‘strong growth’ of 6.7% like-for-like across Q1 2022, with revenue (less-pass through costs) totaling £2.57 billion (A$4.51 billion).

The company said the year has started strongly, continuing the positive momentum built up through 2021. Revenue in the first quarter was up 6.7% at £3.1 billion (A$5.4 billion). On a constant currency basis, revenue was up 6.4% year-on-year. Like-for-like growth, excluding the impact of currency, acquisitions and disposals, was 8.1%.

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Emma Shepherd

Emma Shepherd was the acting deputy editor at Mumbrella who has over seven years of print and digital experience in the industry and has previously worked as a reporter for media outlets Bauer Media (now Are Media), Yahoo Australia, and a content strategist and writer for various independent marketing agencies.

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