WPP turns the corner but not in Australia yet

Tim Burrowes

May 3, 2010 12:36

Australia and New Zealand remains one of WPP’s poorest performing markets, the company has said.

In an otherwise upbeat quarterly update on its performance, WPP said that some of this was because of the strength of the Australian dollar. It said:

“In Asia Pacific, Japan and Australia and New Zealand are still the most affected with constant currency revenues down almost 7%”

In the update, WPP said that its decline in revenues appeared to have come to an end, with March up 1% – the first lift in 14 months.

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Tim Burrowes

Tim Burrowes is the publisher of Mumbrella and Unmade. He co-founded Mumbrella in 2008 and sister title Unmade in 2021. He's worked in the UK, Middle East, Asia & Australia and has specialised in writing about the communications world for the last 25 years. He wrote the book Media Unmade, published in 2021, and became the presenter of MediaLand on ABC Radio National in 2025.