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WPP revenues back to pre-Covid levels as advertising rebounds

Recovery to pre-pandemic levels at world’s biggest ad group has come a year earlier than predicted

WPP, the world’s biggest advertising group, has grown its revenues back to pre-pandemic levels a year sooner than expected because of a record-setting rebound in global marketing spend.

WPP reported that underlying revenues increased by 19.3% in the second quarter, the fastest rate of growth the company has ever recorded, with clients ploughing money into advertising and marketing as the post-pandemic business recovery continued apace.

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Read the original article at The Guardian

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