WPP shares slump as revenue worsens and headcount drops by 6000
WPP, with a 1% decline, was the last of the big four groups to report annual revenues. Publicis Groupe increased organic revenues by 5.8%, Omnicom grew 5.2% (although it does not deduct pass-through costs) and Interpublic was up 0.2%.
There have been a string of consumer-focused companies that have issued guidance that investors found disappointing.
JPMorgan lowered the firm’s price target on WPP (WPP) to 860 GBp from 960 GBp and keeps a Neutral rating on the shares.Discover the Best Stocks ...
WPP plc faces challenges with weak Q4 results and China exposure. Read why we are downgrading WPP stock due to risks in the ...
WPP FY Revenue declined by 0.7% Y/Y, adjusted operating cash flow increased to £1.46B, and net debt stood at £1.7B.
Morgan Stanley lowered the firm’s price target on WPP (WPP) to 730 GBp from 780 GBp and keeps an Equal Weight rating on the shares.Discover the ...
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WPP PLC closed 28.55% below its 52-week high of £9.03, which the company achieved on December 9th.
Investing.com -- WPP’s stock has tumbled more than 17% on Thursday following disappointing fourth-quarter 2024 results and ...
Q4 2024 Results Conference Call February 27, 2025 4:30 AM ETCompany ParticipantsMark Read - CEOJoanne Wilson - CFOBrian Lesser - ...
WPP is scheduled to report results for the fourth quarter and 2024 on Thursday. Here is what you need to know. REVENUE FORECAST: The owner of agencies including GroupM, VML and Ogilvy is expected to ...
Advertiser WPP is short on good news for investors. In a best-case scenario, CEO Mark Read reckons the $9 billion UK firm can ...
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