| Title: | WPP Group PLC Third Quarter Trading Update Presentation Transcript |
| Price: | $54.00 |
| Publication Date: | Oct 19, 2007 |
| Source: | Thomson StreetEvents |
| Company: | WPP Group PLC |
| Report Type: | Transcript |
| Abstract: | Final Transcript of WPPGY sales update conference call or presentation, 19-Oct-07 9:30am UKT |
| Brief Excerpt: | ... - WPP Group Plc - Finance Director So here we go third quarter ####. Like-for-like growth of the quarter was #.#% with acquisitions adding #.#% to give a constant currency rate of growth of #.#% in the quarter. Currency movements reduced revenue growth by #.#% resulting in reported revenues of #.#%. Geographically all regions showed growth of #% or higher with the UK, Asia Pacific, Latin America, Africa and the Middle East accelerating. Strong growth in Branding & Identity, Healthcare and Specialist Communications driven by strong growth in particular in direct, Internet interactive partly as a result of the acquisition of ##/# Real Media in the quarter. On a year-to-date basis, like-for-like growth was #.#% with acquisitions adding #.#% gives a constant currency growth of #.#% for the nine months, slightly above the first half. Currency movements reduced revenue growth by #.#% resulting in reported revenues of #% of the nine months. The Group's gross margin, being defined as revenues... |
| Word Count: | 3871 |
| Length: | 6 Pages |
| Ticker: | WPPGY |
| Time: | 9:30am UKT |
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