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Accounts tell sorry tale for local arm of WPP Group

The annual returns for the Australian arm of WPP Group show a profit of $A69,000 for 2008. The 2007 result was a profit of $A14.6 million. In 2008 the company lost its largest client, Telstra. Many of WPP's subsidiary companies have undergone senior management changes in 2009.

Publication Date: 2 November 2009

WPP GROUP PLC
TELSTRA CORPORATION LIMITED - ASX TLS
AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION
THE COMMUNICATIONS GROUP HOLDINGS PTY LTD
GEORGE PATTERSON Y&R PTY LTD
IDEAWORKS MEDIA PTY LTD
HMA BLAZE PTY LTD
WUNDERMAN
MEDIA PUZZLE PTY LTD
NETWORK LIMITED - ASX NWK
THE CAMPAIGN PALACE
TOURISM NEW SOUTH WALES
PANASONIC
MATSUSHITA ELECTRIC INDUSTRIAL COMPANY LIMITED
FOSTER'S GROUP LIMITED - ASX FGL
LAMINEX GROUP LIMITED
CALTEX AUSTRALIA LIMITED - ASX CTX
ENERGEX CORPORATION
NATIONAL FOODS LIMITED
KIRIN HOLDINGS COMPANY LIMITED
INDEPENDENT LIQUOR GROUP
THE INDEPENDENT LIQUOR GROUP CO-OPERATIVE LIMITED
VIRGIN ATLANTIC AIRWAYS LIMITED
RAINE AND HORNE (HOLDINGS) PTY LTD
V8 SUPERCARS AUSTRALIA PTY LTD
NOKIA AUSTRALIA PTY LTD
NOKIA OY AB
SARA LEE AUSTRALIA PTY LTD
MICROSOFT CORPORATION

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Related terms: australia, local, media, new south wales, profit, securities

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