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News Highlights

WPP 2009 Preliminary Results

Billings up almost 3% to £37.9 billion
Revenue up over 16% to £8.7 billion
Constant currency revenue up almost 5%
Like-for-like revenue down over 8%
Headline EBITDA down almost 4% to almost £1.25 billion
Headline operating margin 11.7% in line with target
Headline operating profit before interest and tax down 9% to over £1.0 billion
Headline profit before tax down 16% to £812 million
Diluted headline earnings per share down 20% at 44.4p
Second interim dividend same as 2008 at 10.28p per share

New Offers

AxiCom expands global presence

AxiCom, a European technology and telecommunications specialty firm, has merged with Enfatico´s public relations division to create a global communications firm under the AxiCom brand.

AxiCom is a Cohn & Wolfe Group company that operates independently in the US and Europe. The newly expanded AxiCom will continue to serve as the global PR agency of record for technology leader, Dell, and service other blue-chip technology and telecommunications companies such as Cisco Consumer Products, Intelligent Energy, iPass, McAfee, RealNetworks, and Red Hat.

The agency now offers more than 100 communications professionals with offices in London, San Francisco, Austin, New York, Paris, Munich, Milan, Amsterdam, Stockholm and Madrid as well as network affiliates in Asia, Africa and the Middle East.

Contact Eric Litchfield.

Hill & Knowlton opens office in Colombia

Hill & Knowlton has opened an office in Bogota, Colombia. This new office further strengthens Hill & Knowlton´s presence in Latin America, giving H&K eight fully-owned and operated offices in the region. Leading H&K in Bogota will be general manager Mauricio Borja.

Contact Marcelo Quiroga.

XM Asia opens in Hong Kong

JWT´s sister agency, XM Asia-Pacific, has moved into Hong Kong to fill the digital niche within the network.

New Business

Dolby names Ogilvy PR its agency of record in China.

JWT Brazil wins Pernambucanas.

JWT New York wins Bloomberg.

New Business Enquiries

Are you looking for an advertising or marketing services partner? WPP can help point you in the right direction - find out how.

A-Z Dictionary of Change

By Bates 141

Bates 141 has launched the online version of its 2010 A-Z Dictionary of Change.

The Dictionary contains 110 ChangeWords that are changing the way people live, work, play and learn this year and beyond.

Contact Desiree Lim.

OnScreen

Views, opinions and verdicts: watch WPP´s professionals - past and present - on industry issues and hot topics.

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