The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

WPP boosted by read-across from Publicis trading

Mon, 12th Nov 2012 10:27

Advertising agency WPP is up following encouraging news from French rival Publicis, which reported that advertising demand improved in October.In a trading update Publicis Groupe's Chief Executive and Chairman, Maurice Levy said: "After the brutal and unexpected decline of advertising spendings in September the Publicis Groupe's organic growth of October revenues is above 7%. This spectacular growth is driven by the US, fast growing markets and digital numbers."The read across for Martin Sorrell's WPP has been taken as positive and the shares are up 14p at 822p at 10:43.CM

Related Shares

More News
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

10 Apr 2024 11:56

LONDON MARKET MIDDAY: European stocks get boost ahead of US inflation

(Alliance News) - Stock prices in London were higher at midday on Wednesday, despite some nerves centred around the latest US inflation rate reading, ...

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.