Mark Read, CEO, WPP
(Picture: WPP)Mark Read the boss of advertising network WPP that houses global advertising agencies including Ogilvy and Grey has indicated that he is not “naïve” about the impact of an impending recession on his business.
The group posted favourable results for the first half of the year with revenues up 10.2% to £6.75 billion. Operating profit also jumped 11.4% to £539 million and pre-tax profit was up 6.1% to £419 million in the six months to June.
