Q3 19 was satisfactory with organic net revenue up +0.5% (vs -1.7% in Q2 19, -3.3% in Q1 19) excluding Kantar. The trend improved in all geographic areas including North America (38% of net revenue) which benefited from better advertising spendings at existing customers and a lower impact of losses of business as well. WPP does not see a deterioration in its businesses starting Q4 19 but keeps its 2019 guidance (organic net revenue: -1.5/-2%) considering the economic environment is getting wo
28 Oct 2019
Gradual organic improvement
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Gradual organic improvement
WPP Plc (WPP:LON) | 777 -205.2 (-3.3%) | Mkt Cap: 8,383m
- Published:
28 Oct 2019 -
Author:
Hélène Coumes -
Pages:
3
Q3 19 was satisfactory with organic net revenue up +0.5% (vs -1.7% in Q2 19, -3.3% in Q1 19) excluding Kantar. The trend improved in all geographic areas including North America (38% of net revenue) which benefited from better advertising spendings at existing customers and a lower impact of losses of business as well. WPP does not see a deterioration in its businesses starting Q4 19 but keeps its 2019 guidance (organic net revenue: -1.5/-2%) considering the economic environment is getting wo