WPP continues the rise of PR with revenue surge

WPP, which owns Hill & Knowlton, Burson-Marsteller, Finsbury and Cohn & Wolfe, increased PR and public relations revenue by over £40m in the first six months of 2008.

Sorrell: great figures
Sorrell: great figures

Continuing a buoyant year for the discipline, revenue in the sector rose £43.1m to £356.1m when compared with the same period in 2007. Reported operating profit rose to £54.3m from £43.7m.

As a whole the WPP Group which is the world's second-biggest advertising company, said first-half profit rose 14 percent as sales in Asia and Latin America made up for slower growth in Europe and the US.

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