WPP reported revenue (including the full impact of digital billings, i.e. linked to acquiring digital media space on its own account) up 11.9% to £6.54bn, a 4.3% organic improvement (similar to H1 15’s performance) and after a +3% forex impact (sterling weakness as only 14% generated in the UK) and +4.6% coming from acquisitions. Net sales were up 3.8% organically (were +3.2% over Q1), with a reported figure of +11% after forex (+2.9%) and perimeter impact (+4.3%). The reported ne
25 Aug 2016
A more than ever credible positive FY16e guidance
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A more than ever credible positive FY16e guidance
WPP Plc (WPP:LON) | 796 -58.9 (-0.9%) | Mkt Cap: 8,584m
- Published:
25 Aug 2016 -
Author:
Véronique Cabioc'h -
Pages:
3
WPP reported revenue (including the full impact of digital billings, i.e. linked to acquiring digital media space on its own account) up 11.9% to £6.54bn, a 4.3% organic improvement (similar to H1 15’s performance) and after a +3% forex impact (sterling weakness as only 14% generated in the UK) and +4.6% coming from acquisitions. Net sales were up 3.8% organically (were +3.2% over Q1), with a reported figure of +11% after forex (+2.9%) and perimeter impact (+4.3%). The reported ne