Last checked at 22 Mar 2023 13:49
WPP confirms April 19 start for CFO designate Joanne Wilson
(Alliance News) - WPP PLC on Wednesday said that incoming finance chief Joanne Wilson will become chief financial officer designate on April 19.
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Share Price Information for WPP (WPP)
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Share Price:
849.60
Bid:
849.60
Ask:
849.80
Change:
-5.40 (-0.63%)
Spread:
0.20 (0.024%)
Open:
852.60
High:
856.60
Low:
844.60
Prev. Close:
855.00
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Don't have an account? Click here to register.WPP third quarter revenues rise to GBP2.9bn
Mon, 26th Oct 2015 07:20
(ShareCast News) - WPP has reported a healthy rise in revenue for the third quarter, and expects an even better fourth quarter.The FTSE 100 PR and advertising firm released its third quarter trading update on Monday.It reported revenues for the three months to 30 September were up 5.9% to £2.927bn, however at a constant exchange rate the company's revenue rose 7.9%.Net sales for the quarter were up 4.2% to £2.518bn driven by particularly strong growth in advertising and media investment management as well as direct, digital and interactive and specialist communications.It also highlighted net new business of just under £2bn in the period and that for the year to date, operating profits are well ahead of 2014.However average net debt for the first nine months increased by £403m to £3.436bn, reflecting the company's significant investment in acquisitions and share repurchases.WPP said that while its forecasts are characteristically cautious, it expects revenue and net sales in the fourth quarter will show higher growth than the first nine months.In a note to investors, Investec analysts Steve Liechti and Richard Holroyd said while the third quarter was "not as good as hoped", it kept its full-year guidance unchanged for like-for-like 3% growth."Add - we like the growth shift to digital/emerging markets (EM) and cash generation, but see some unhelpful near-term global GDP uncertainty, e.g. EM macro/foreign exchange."Forecasts under review but not expected to change materially pre-meeting though we will tweak geographic assumptions given third quarter trends, better expected EM in the fourth quarter and softer fourth quarter group comparatives."By 0952 GMT, shares had fallen 1.82% to 1,453p.
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22 Mar 2023 11:56
LONDON MARKET MIDDAY: Stocks lower, pound up as rate decisions loom
(Alliance News) - Stock prices in London were largely lower at midday on Wednesday, as in-coming interest rate decisions from the US Federal Reserve and the Bank of England weighed on investors' minds.
Read more22 Mar 2023 09:17
WPP buys London-based influencer marketing agency Goat for GroupM
(Alliance News) - WPP PLC on Wednesday announced the acquisition of influencer marketing agency Goat for an undisclosed price.
Read more22 Mar 2023 08:49
LONDON MARKET OPEN: Stocks red as UK inflation stays in double-digits
(Alliance News) - Stock prices in London opened lower on Wednesday, but the pound was on the rise, after inflation in the UK came in hotter than expected in February, remaining in double-digits.
Read more22 Mar 2023 07:55
LONDON BRIEFING: UK inflation surprises with rise to 10.4% in February
(Alliance News) - Stocks in London are set to open slightly lower on Wednesday, after UK inflation came in hotter than expected in February.
Read more22 Mar 2023 07:01
WPP buys Goat marketing agency
(Sharecast News) - WPP on Wednesday said it had bought influencer marketing agency Goat for an undisclosed sum.
Read more17 Mar 2023 20:53
TRADING UPDATES: Petra Diamonds sells more diamonds amid price growth
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday, Augmentum Fintech and Tap Global on Monday, and not separately reported by Alliance News:
Read more7 Mar 2023 09:58
WPP acquires German healthcare communications group 3K
(Alliance News) - WPP PLC on Tuesday said it has acquired German healthcare specialist PR agency, 3K Agentur fur Kommunikation.
Read more7 Mar 2023 08:00
WPP buys German health PR specialist
(Sharecast News) - WPP said it had bought German public relations agency 3K Agentur für Kommunikation (3K) for an undisclosed sum.
Read more24 Feb 2023 09:37
LONDON BROKER RATINGS: SocGen cuts Burberry; BofA cuts WH Smith
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:
Read more23 Feb 2023 17:22
Upbeat corporate guidances lift European shares, Nvidia forecast boosts chip stocks
UK healthcare giants fall on ex-dividend trades
*Read more23 Feb 2023 17:00
LONDON MARKET CLOSE: FTSE 100 struggles, but European peers rise
(Alliance News) - Stock prices in London closed mixed on Thursday, with blue-chips ending in the red on renewed concerns of higher rates in the US, as well as a host of stocks going ex-dividend.
Read more23 Feb 2023 13:52
23 Feb 2023 12:00
LONDON MARKET MIDDAY: FTSE 100 underperforms as rate worries weigh
(Alliance News) - Stock prices in London were largely higher at midday on Thursday, though the FTSE 100 was in the red as the more globally-focused index lamented interest rates in the US will likely keep pushing higher.
Read more23 Feb 2023 11:56