WPP like-for-like revenues slide in Q1
NEW YORK: The WPP Group reported that like-for-like revenues for PR and public affairs dropped 6.1% in the first quarter of 2009, while overall like-for-like revenues for the London-based holding company were down by 5.8% for the same period.
Revenues for the PR and public affairs unit were $295.9 million for the first quarter of 2009, compared to $245.5 million in 2008, the company reported today. Each of the three other disciplines saw a drop in like-for-like revenue, with the branding ...