...19 Jul 2018 09:36
i guess that triggered the drop
First half and full year earnings progress will not mirror the high rate of revenue growth. We expect our margins to reflect the increased costs associated with winning new business, uncertainty around contract timing and moreover, client spend volatility. To mitigate this, we have begun a process of reducing costs, streamlining our business and centralising Group functions where appropriate. We expect to see the benefits of these actions in the second half of 2018, with the full effect in 2019.