WPP, the world’s second largest advertising conglomerate declared its full year profit which soared more than expectations in the stock market. The group’s strong performance in China, India and United States are reason behind its wonderful performance. Be it Young & Rubicam, Ogilvy & Mather, JWT, WPP’s all the flagships are roaring. Sir Martin Sorrel is a happy man only without ousted Marco Benatti factor. The former Italain country manger, who was dismissed last month, now personally demanding damages from Sir Martin. He is actually suing WPP for which he thinks is an unlawful dismissal. He also may plant a criminal libel proceedings against WPP’s chief executive.
Via [Scotsman]
