Martin Sorrell, the chief executive of advertising group WPP, said on Friday that analysts would now be expecting the advertising giant to achieve like-for-like revenue growth of between 5% and 6% in 2007.
Sorrell told "Squawk Box Europe" that WPP's like-for-like growth had been almost 8% in July. Earlier in the session Friday, WPP reported a 5.3% rise in first-half like-for-like revenues.