WPP PLC (WPP.L)
Thu, Aug 27 2020
LONDON, Aug 27 WPP became one of the first major British companies to reinstate its dividend on Thursday, after cost cuts paid off and the world's biggest advertising company won work to help customers market new expanded e-commerce models.
LONDON The world's biggest advertising company WPP said it had resumed its dividend as a sign of confidence after cost cuts and a switch to faster ad production helped it to beat dire forecasts for second-quarter trading.
LONDON, Aug 27 The world's biggest advertising company WPP beat dire forecasts for second-quarter underlying net sales, declared an interim dividend and said it was on track for cost saving targets as it sought to weather the COVID pandemic.
July 23 London's FTSE 100 rose on Thursday as a slate of upbeat quarterly earnings reports bolstered optimism about a post-pandemic corporate rebound, with Unilever surging after reporting a much lower drop in sales than feared.
July 7 -- Source link: https://on.ft.com/3guiGn2
LONDON, April 29 WPP, the world's biggest advertising company, said net sales fell 3.3% in the first quarter, with the impact of the COVID-19 pandemic dragging it down by 7.9% in March alone, prompting it to cut more costs.