WPP : A tough Q3 and Q4 should be too, hopes of a rebound are focused on 2024
>WPP underperformed its peers in Q3, Q4 is set to be very sluggish - WPP released its Q3 trading update yesterday and followed up with a conference call. Organic growth came to -0.6% while we were looking for 1.5% and the consensus about 1%. WPP is the 4th agency to publish its Q3 figures. As expected, WPP again underperformed some of its peers and especially Publicis. Its organic performance nonetheless disappointed and came out as the weakest in the sector in ...WPP is a holding company. Through its subsidiaries, Co. is a communications services organization providing national and multinational clients a range of communications services. Co. is organized into four operating segments: Advertising and Media Investment Management; Data Investment Management; Public Relations and Public Affairs; and Branding and Identity, Healthcare and Specialist Communications. This last reportable segment includes WPP Digital and direct, digital, promotional & relationship marketing.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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