LONDON: The WPP Group said that like-for-like revenue for PR and public affairs dropped 8.5% for the third quarter of 2009, although the holding company sought to reinforce that overall conditions for the third quarter are “less worse” than the second quarter.
Like-for-like revenue for the PR and public affairs unit, which includes Burson-Marsteller, Hill & Knowlton, Ogilvy PR Worldwide, and Public Strategies, decreased to $312.5 million in the third quarter of 2009.
Like-for-like revenues exclude the impact of acquisitions ...