WPP Australia business picks up

By AdNews | 27 October 2022
 
Getty

WPP's business in Australia as a whole improved in the September quarter, recording 4% like-for-like growth compared to the same three months last year.

Numbers in the advertising company's quarterly results this year had been showing the local business lagging global growth.

The latest result is an improvement from 3.2% growth in the June quarter. The global business reported 3.8% organic growth for the September quarter.

Comparing to pre-pandemic numbers, the Australia business is down 7.7%. Globally, WPP is 10.9% higher than 2019. 

WPP AUNZ was merged into the UK-based holding company in April 2021.

A slide from WPP's latest analyst briefing: 

wpp q3 australia

Have something to say on this? Share your views in the comments section below. Or if you have a news story or tip-off, drop us a line at adnews@yaffa.com.au

Sign up to the AdNews newsletter, like us on Facebook or follow us on Twitter for breaking stories and campaigns throughout the day.

comments powered by Disqus