INTERVIEW-UPDATE 1-WPP says revenue forecast likely too low

Newswire

* 2010 forecast "pessimistic" after 2009's over-optimism * 2010 operating margin seen up at least 1 percentage point * Shares down 2.2 percent (Adds shares, comments on regions, hiring) By Cyril Altmeyer CANNES, France, June 24 (Reuters) - Advertising firm WPP's full-year revenue forecast, raised in April, is likely too pessimistic, the group's chief executive said, despite warning the UK market would be tougher due to deep government budget cuts. The world's largest advertising ...

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