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Martin Sorrells advertising group posts 3% rise, below industry predictions, outperforming rivals Publicis and Omnicom

Sir Martin Sorrells advertising group WPP posted a lower than expected 3% rise in third-quarter like-for-like net sales on Friday, due to growing concerns over geopolitical tensions and a slowdown in the global economy.

WPP, which has over 179,000 staff in 111 countries, reiterated its full-year sales target, however, and outperformed its rivals.

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