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Tag: wpp

WPP: Raised estimates for the year, but did not satisfy the market

WPP: Raised estimates for the year, but did not satisfy the market WPP: Raised estimates for the year, but did not satisfy the market

WPP raised estimates for full-year sales thanks to higher client spending, but shares in the biggest advertising group fell nearly 8% as the news failed to excite investors expecting stronger forecasts. The results come as investors and analysts try to gauge how advertising will perform against a backdrop of high inflation and slowing global economic […]