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WPP Posts First Quarter Like-for-like Growth

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2008-06-24 05:01:49.0

LONDON (Reuters UK) - WPP Group (WPP), the world's second-largest advertising company, said on Tuesday that like-for-like revenues had grown by 4.5 percent in the first five months of the year.

In April the company reported like-for-like revenue growth -- the key industry measure which strips out the impact of acquisitions and currency fluctuations -- of almost 5 percent.

(Reporting by Mike Elliott; Editing by Dan Lalor)

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