13-06-2018 14:15 via thedrum.com

WPP reports 3.4% revenue drop at first AGM without Sorrell

Holding company WPP, which is today conducting its first AGM since the departure of longstanding chief executive Sir Martin Sorrell, has announced that its global revenue for the first four months of the year was down 3.4% year-on-year to £4.822bn.
Constant currency revenue was up 2.7% and like-for-like revenue was up 1.4%. Net sales (now reported as revenue less pass-through costs) were down 5.0% to £3.969bn for the year.
Growth was reported in Western Continental Europe,
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