WPP Plc Q3 Revenue Up 7.4% - Quick Facts

(RTTNews) - WPP plc (WPP.L, WPPGY) reported third-quarter revenue of 2.68 billion pounds, an increase of 7.4%, from last year. At constant currency exchange rates, revenue growth was 6.4%. On a like-for-like basis, excluding the impact of acquisitions and currency fluctuations, revenues were up 5.0%.

In the first nine months, reported revenues were up 7.2% at 8.01 billion pounds. Revenues in constant currency were up 5.8%. On a like-for-like basis, excluding the impact of acquisitions and currency fluctuations, revenues were up 3.3% compared with the same period last year.

WPP plc said, a preliminary look at its quarter three revised forecasts indicates full year revenue growth similar to the quarter two revised forecasts of over 3.0%, with quarter four showing similar growth to the first nine months.

WPP plc further said, in the first nine months, profits and operating margins were in line with budget and target and ahead of last year.