There was no surprise in the negative trend of organic net revenue in Q1 19 (-2.8%). The North American activities weighed significantly (-8.5% organically) due to the negative impact of the losses of contracts in 2018. WPP is still targeting lower organic net revenue in the range -1.5/-2% in 2019.
26 Apr 2019
Down organically, sharply in North America
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Down organically, sharply in North America
WPP Plc (WPP:LON) | 770 70.9 1.2% | Mkt Cap: 8,307m
- Published:
26 Apr 2019 -
Author:
Hélène Coumes -
Pages:
2
There was no surprise in the negative trend of organic net revenue in Q1 19 (-2.8%). The North American activities weighed significantly (-8.5% organically) due to the negative impact of the losses of contracts in 2018. WPP is still targeting lower organic net revenue in the range -1.5/-2% in 2019.