- Advertising giant WPP (OTCPK:WPPGF) said that Q2 revenue rose 13% to £3.46B, driven by western continental Europe and emerging markets.
- Comparable net sales rose 4.3% and topped analyst expectations.
- WPP expects full-year revenue growth of "well over" 3% vs a prior outlook of "over" 3%.
- However, H1 net profit dropped 57% to £245.8M as the world's largest marketing company by revenue booked £122M of write-downs.
- Shares are +5.35% in London. (PR)