Financial Times FT.com

Advertising agencies warn of tough year ahead

By Tim Bradshaw in London and Kenneth Li in New York

Published: October 28 2008 18:16 | Last updated: October 28 2008 18:16

Three of the world’s largest advertising groups warned of a tough fourth quarter, confirming fears of a dismal 2009 for the marketing industry.

Interpublic, Publicis and Aegis reported mixed ­third-quarter results, with the greatest revenue falls in Germany, Spain and the UK.

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