Shares 

An imperfect storm for WPP

An imperfect storm for WPP

WPP (WPP) will report its half-year results on 27 August, following an unforgiving period in the advertising industry. Most companies have tightened their budgets in the wake of the pandemic, with fewer willing to dish out on discretionary spending such as marketing campaigns. This has been tough for WPP - in March, revenues were down by a tenth year-on-year, and by 5 per cent overall in the first quarter.  

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe
Subscribe to Investors Chronicle

Related topics

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now