The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Solid U.S. trading boosts ad group WPP in Q1

Thu, 28th Apr 2016 06:17

LONDON, April 28 (Reuters) - A step up in new business inthe United States helped Britain's WPP, the world'sbiggest advertising company, to report first-quarterlike-for-like net sales growth in line with forecasts.

WPP, which handles the advertising for brands such as Fordand Unilever, said its key sales measurement rose by 3.2percent, ahead of last year's rate and putting it on track forits full-year target of more than 3 percent growth.

The robust update from WPP echoed similar performances fromits rivals, Omnicom, Publicis and Interpublic which have all reported solid trading due to demand inNorth America. (Reporting by Kate Holton; editing by David Clarke)

Related Shares

More News
10 May 2024 09:52

LONDON BROKER RATINGS: UBS raises Trainline, cuts Kingspan

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

25 Apr 2024 10:00

TOP NEWS: WPP holds guidance despite ongoing weakness in Asia and tech

(Alliance News) - WPP PLC on Thursday reported a fall in first quarter sales as progress in Europe was offset by declines in Asia.

25 Apr 2024 07:41

WPP Q1 revenues fall 1.4%; Guidance held

(Sharecast News) - UK advertising agency WPP on Thursday said revenues fell 1.4% as it lost a healthcare client and spending by technology companies w...

25 Apr 2024 07:26

Ad group WPP reports 1.6% drop in first-quarter organic growth

LONDON, April 25 (Reuters) - British ad group WPP reported a 1.6% drop in organic growth in the first quarter, lagging its major rivals, after it wa...

18 Apr 2024 14:17

UK earnings, trading statements calendar - next 7 days

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.