WPP sees 10.5% revenue increase for Q1 2016

It said that there had been a 3.9% growth from acquisitions and 1.5% from currency – reflecting the weakness of sterling against the US dollar and the euro.

The company achieved like-for-like revenue growth in all regions and business sectors, with particularly strong growth geographically in the United States, strong growth in the United Kingdom and Western Continental Europe and functionally in advertising and media investment management and sub-sectors direct, digital and interactive.

Its reported billings were up 8.3% at £11.9bn ( 6.7% increase at constant currency).

Its CEO Sir Martin Sorrell (pictured) has said its strategic emphasis remains on three core areas: technology, data and content.