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Sales stall at S4 Capital

Shares in the advertising agency dropped by more than a quarter in the aftermath of its interim results
September 18, 2023
  • Full-year forecasts downgraded
  • Imminent cash outflow 

It has been a tough few months for S4 Capital (SFOR). In July, the advertising group downgraded its forecasts after sales growth proved slower than expected. Two months down the line, and Martin Sorrell’s agency has published a second warning, causing another nasty drop in shares. 

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