WPP plc: Mixed Outlook But Priced Accordingly

WPP's trading updates continue to underwhelm. But there are silver linings beneath the surface. Valuation-wise, the bar is low, and WPP may finally be nearing a bottom.

WPP issues second profit warning of 2023 as tech sector trims ad spending

WPP, one of the world's biggest advertising groups, delivered its second profit warning of the year after activity in China stuttered and companies in the technology sector reduced spending.

WPP issues profit warning as US tech clients become more cautuious

WPP PLC (LSE:WPP) has again warned that full-year revenue and profit margins will be lower than expected, as advertising spending fell in North America and China remained weak. The FTSE 100-listed ...

Current and ex-employees at WPP-owned media agency detained in China - sources

Four people linked to WPP-owned media agency GroupM have been questioned by authorities in Shanghai, according to two people with knowledge of the matter.

Can ad group WPP arrest its slump?

WPP shares have dropped by a third since March, not helped by problems afflicting S4, the vehicle set up by Martin Sorrell the ad group's founder and former chief executive. UBS says that compariso...

WPP Group: Recent Performance Reflects Slower Growth And Challenges Ahead

WPP Group's financial performance has been weak, with lower revenue and margins over the past five years. The company's 2Q results were dismal due to a decrease in spending from their most importan...

WPP likely insulated from the problems affecting S4

S4 Capital PLC (LSE:SFOR)'s stock plummeted by 25% on Monday after the company downgraded its full-year 2023 organic growth expectations, sparking concerns about the ripple effects on other Europea...


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