For its 30th anniversary WPP reported FY15 results globally in line with our expectations, with reported revenues (including the full impact of digital billings, i.e. linked to acquiring digital media space on its own account) up £706m to £12,235m (+6.1%) supported by a +5.3% organic performance and despite a 1.4% forex headwind. Net sales (after direct costs, i.e. a better indicator for underlying performance, although not used by competitors…) rose by c.£460m to &po
31 Mar 2016
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WPP Plc (WPP:LON) | 757 0 0.0% | Mkt Cap: 8,135m
- Published:
31 Mar 2016 -
Author:
Véronique Cabioc'h -
Pages:
3
For its 30th anniversary WPP reported FY15 results globally in line with our expectations, with reported revenues (including the full impact of digital billings, i.e. linked to acquiring digital media space on its own account) up £706m to £12,235m (+6.1%) supported by a +5.3% organic performance and despite a 1.4% forex headwind. Net sales (after direct costs, i.e. a better indicator for underlying performance, although not used by competitors…) rose by c.£460m to &po