Group M projected to surpass US$50bn in billings for the first time in 2019
According to COMvergence projections, WPP’s media agency arm, Group M, will surpass US$50bn in billings for the first time in 2019. Mindshare, Mediacom and Wavemaker also remain in the top five networks globally.

The announcement:
“…for the first time in 2019”.
Does that mean they have passed US$50bn in billings in a previous year?
Or should it read “Group M projected to surpass US$50bn in billings in 2019 for the first time.”