/ WPP Growth
On a like-for-like basis (organic) which excludes the impact of acquisitions and currency movements, net sales grew 3.1 per cent, slower than both IPG and Omnicom. Reported EBITDA (earnings before interest, tax, depreciation and amortization) grew to £2.4bn up 20.8 per cent from £2bn in 2015, or up eight per cent on a constant currency basis. WPP’s Advertising and Media Investment Management division enjoyed the highest organic net sales growth of the year, with 3.7 per cent growth. Data Investment Management was the poorest performing divisions, with just 0.9 per cent growth.
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