WPP downgrades growth forecast as tech clients cut spending
WPP downgrades growth forecast as tech clients cut spending
Source: campaignindia.in
📰 Mark Read News
Page 35 - Mark Read News Today
Fast, Ad-Free News Updates
Stay updated with breaking news from Mark Read. Real-time updates on events, politics, business and more.
WPP's Mark Read on tech slowdown: 'They're trying to get their margins back' | Analysis
The holding company lowered its growth forecast as a pull back in tech company spending ate into its US and global growth.
Source: campaignasia.com
WPP downgrades growth forecast as tech clients cut spending | News
Organic growth of 9% in the UK but a 4.5% decline in the US.
Source: campaignasia.com
The 'surprise' hole in revenue growth at WPP
Tech clients pull back spend in the US.
Source: adnews.com.au
Capita posts 1H loss, WPP cuts guidance
London open As of 0715 BST, FTSE 100 futures were adding 29.50 points to 7,538.0.
Source: sharecast.com
FTSE 100 Live: WPP falls on lower outlook, non-farm payrolls loom
FTSE 100 back in the green, up 3 points at 7,533 WPP cuts outlook on lower spend by US tech firms Flutter and Entain lifted by Draftkings results 2.45pm:...
Source: proactiveinvestors.co.uk
Ad agency WPP cuts sales outlook over caution from U.S. technology companies
The world's largest advertising company cut its sales outlook, and put the blame on one sector: U.S. technology companies.
Source: marketwatch.com
WPP slashes growth forecasts
WPP told shareholders that it now expects like-for-like revenue of between 1.5-3 per cent in 2023, down from previous guidance of 3 to 5 per cent growth.
Source: thisismoney.co.uk
Advertising giant raises alarm over US tech spending
Shipping giant Maersk has issued a warning about the outlook for global trade as it cut its outlook for the number of containers it will carry.
Source: yahoo.com
WPP's Slashes Sales Forecasts As US Tech Firms Cut Spending
Falling tech spending in the USA prompted the FTSE 100 firm to cut its like-for-like sales estimates for 2023.
Source: forbes.com