WPP Australia growth negative

By AdNews | 8 August 2024
 
Credit: Thái An via Unsplash

WPP reported negative growth for its business in Australia for the June quarter.

Like-for-like revenue less pass-through costs growth came in at -0.3%, according to papers lodged for the global advertising group’s results.

This was an improvement on the March quarter’s negative 3.4%.

The result was also better than some other markets including Canada, down 5.4%, and the UK, down 5.3%.

Overall, WPP reported June quarter like-for-like revenue less pass-through costs at -0.5%. 

For the half year to June, like-for-like growth was  -1%.

WPP Australia june quarter 2024 from results presentation August

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