Reported about 1 month ago
British advertising group WPP achieved a surprising 0.5% rise in organic revenue in the third quarter, driven by new business from major clients like Amazon, Unilever, and Henkel. This growth came after a 1% drop in the first half of the year and exceeded market expectations, resulting in a significant increase in WPP's stock price. Despite challenges in China and a mixed outlook for U.S. consumers, the company's Chief Executive Mark Read noted improved demand from their top clients.
Source: YAHOO