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4-Traders Homepage  >  Equities  >  London Stock Exchange  >  WPP Group    WPP   JE00B8KF9B49

WPP GROUP (WPP)
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Delayed Quote. Delayed  - 06/19 05:35:06 pm
1208.5 GBp   +0.25%
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WPP : says four month net sales show improvement

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06/13/2018 | 01:36pm CEST
FILE PHOTO: A logo hangs on the wall outside the WPP offices in London

LONDON (Reuters) - The world's biggest advertising agency WPP reported four-month net sales which were marginally up on Wednesday, and said it was focussed on improving revenue and managing costs for the rest of 2018.

WPP, hunting for a new chief executive after the dramatic departure of founder Martin Sorrell in April, had reported a 0.1 percent fall in net sales for the first quarter, compared with the 0.9 percent drop recorded in 2017.

"In the first four months of 2018, the group's like-for-like revenue less pass-through costs was up marginally, a slight improvement over the first quarter's -0.1 percent," WPP said in a trading statement before its annual meeting on Wednesday.

For 2018 it has said it does not expect net sales or its operating margin to grow.

(Reporting by Sarah Young and Kate Holton; Editing by Alistair Smout)

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Financials ( GBP)
Sales 2018 12 878 M
EBIT 2018 2 155 M
Net income 2018 1 399 M
Debt 2018 4 384 M
Yield 2018 4,95%
P/E ratio 2018 11,09
P/E ratio 2019 10,53
EV / Sales 2018 1,52x
EV / Sales 2019 1,43x
Capitalization 15 128 M
Chart WPP GROUP
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WPP Group Technical Analysis Chart | WPP | JE00B8KF9B49 | 4-Traders
Technical analysis trends WPP GROUP
Short TermMid-TermLong Term
TrendsBearishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 29
Average target price 14,1  GBP
Spread / Average Target 17%
EPS Revisions
Managers
NameTitle
Roberto Quarta Executive Chairman & Chief Executive Officer
Michael Fleischer President & General Manager
Mark Julian Read Co-Chief Operating Officer
Andrew Grant Balfour Scott Co-Chief Operating Officer
Paul W. G. Richardson Executive Director & Group Finance Director
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