WPP releases positive financial numbers amid double-dip recession talk

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The news may have a little bit of that 2008 feeling to it, rife with predictions of (another/double-dip) recession. But for what it's worth, holding company WPP Group released some positive news on the first five months of the year.

On a like-for-like basis, excluding acquisitions and currency fluctuations, the company's revenues were up 2%. In the US, WPP saw combined revenue growth of 7% for April and May, and revenue growth of more than 5% for the year to date.

Of course, upcoming financial reports will shed more light on how marketers, agencies and holding companies endure the current financial problems. Stay tuned.

DMNotes is DMN's around-the-clock blog. Yes, a blog in 2016.

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