wppWPP revenues rose 1.2 percent to $7.5B during the first five months of 2014, but CEO Martin Sorrell prefers to point to the conglom's 9.8 percent growth -- once currency fluctuations are stripped from the financials.

The Burson-Marsteller, Ogilvy, Cohn & Wolfe, RLM Finsbury, GCI Group and Hill+Knowlton Strategies PA/PR unit showed a 2.2 percent advance in net sales.

WPP reported PA/PR growth in all regions except western continental Europe and the Middle East.

Sorrell said 2014 has started stronger than last year's record performance. He warns of potential trouble at home due to the possible split of Scotland from the UK and uncertainty of continued British membership in the European Union.

Other concerns stem from chaos/breakdown of Iraq, acceleration of Chinese/Japanese tensions over control of Pacific islands/rocks and Russian mischief in Ukraine.

Though confidence has increased, many companies remain focused on achieving profit targets by cost-cutting rather than growing revenues, according to Sorrell.