Report
Jerôme Bodin

WPP : Très peu de visibilité au T4 et en 2019

>Une visibilité faible et un momentum mou - WPP a donc tenu hier sa conférence téléphonique suite à la publication de sa marge brute T3 (-1,5% en organique). Le management a délivré un message prudent insistant sur le manque de visibilité pour la fin d’année et 2019. Le groupe a perdu plusieurs contrats importants ces dernières semaines, notamment Ford (-150 pb sur la croissance en 2019), Daimler, United Airlines et Amex qui devraient peser sur la croissance (le prin...
Underlying
WPP Plc

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.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Jerôme Bodin

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