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WPP SHOWS PROFIT

WPP Group PLC of London has reported a 26% jump in its operating profit to $128 million(US) for the six months ending June 30, 1996. Operating profit for the same period last year was $101.7 million. Revenue rose 12.7% to $1,272.9 million, compared to $1.129.6 million last year. The company ha also had net new business billings of over $887 million. WPP is the holding company for a number of agencies including Ogilvy & Mather Worldwide., J. Walter Thompson, Millward Brown International and Hill & Knowlton.

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