WPP becomes global leader but predicts lower margins as recession biteshttp://community.brandrepublic.com/blogs/bobwillott/archive/2009/04/28/wpp-becomes-global-leader-but-predicts-lower-margins-as-recession-bites.aspxAs we predicted in March (see Revenue up 20% but profit down at WPP ), WPP has overtaken Omnicom as the biggest marketing services group in the world. But at the same time the group has warned of lower margins in 2009 as revenues fall below budget. BoostedenCommunityServer 2007 SP2 (Debug Build: 20611.960)WPP’s profit being squeezed between lower revenues and higher costshttp://community.brandrepublic.com/blogs/bobwillott/archive/2009/04/28/wpp-becomes-global-leader-but-predicts-lower-margins-as-recession-bites.aspx#45765Tue, 02 Jun 2009 18:15:40 GMT0f8ed6bf-041d-4f2c-bb76-9560b958a575:45765Bob Willott on the bottom line<p>WPP Group shareholders learned today that its pre-tax profit for the first four months of 2009 has been</p> <img src="http://community.brandrepublic.com/aggbug.aspx?PostID=45765" width="1" height="1">