WPP Predicts Revenue Growth to Slow on U.S., Europe Woes
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WPP Plc, the biggest advertising company, said fourth-quarter sales growth will slow as an economic slowdown in the U.S. and Europe hurts marketing budgets.
Full-year revenue on a like-for-like basis will grow 5 percent compared with a previous forecast of about 5.9 percent, the Dublin, Ireland-based company said today in a statement.