In Q3 20, the decrease in organic net revenue slowed sequentially (-7.6% vs -15.1% in Q2 20). The recovery was driven by all the entities within the Global integrated agencies (75% of net revenue) and the Public relations activities. WPP posted the best results in the US, the UK and Germany. On the cost side, the Group is expected to achieve the high range of cost savings.
30 Oct 2020
A widespread improvement
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A widespread improvement
WPP Plc (WPP:LON) | 801 33.6 0.5% | Mkt Cap: 8,639m
- Published:
30 Oct 2020 -
Author:
Hélène Coumes -
Pages:
3
In Q3 20, the decrease in organic net revenue slowed sequentially (-7.6% vs -15.1% in Q2 20). The recovery was driven by all the entities within the Global integrated agencies (75% of net revenue) and the Public relations activities. WPP posted the best results in the US, the UK and Germany. On the cost side, the Group is expected to achieve the high range of cost savings.