WPP, Walmart, Samsung: Everything that matters this morning
WPP blames client spend for lower growth
WPP, the world’s largest advertising group, has warned that its growth will be lower than expected this year after a difficult second quarter.
Client spend was down during the period, particularly within the FMCG and packaged goods sector, meaning it will only increase revenues and net sales by between zero to 1% 2017
The group, run by Sir Martin Sorrell, saw revenues hit £7.4bn in the six months to 30 June, an increase of 1.9% on th
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