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home / articles / WPP - British Communication & Advertising Company WPP Cuts FY23 Outlook Again On Cautious Spending Trends | Benzinga

WPP - British Communication & Advertising Company WPP Cuts FY23 Outlook Again On Cautious Spending Trends | Benzinga

WPP plc American Depositary Shares

WPP PLC (NYSE: WPP) disclosed a Q3 trading update, with a revenue decline of 1.8% Y/Y on a reported basis and an increase of 2.3% on a like-for-like (LFL) basis. 

The company's performance in Q3 continued to be impacted by the cautious spending trends seen in Q2, mainly across technology clients. 

Revenue less pass-through costs was down 0.6% Y/Y LFL due to ...

Full story available on Benzinga.com
Stock Information
Company Name: WPP plc American Depositary Shares
Stock Symbol: WPP
Market: NYSE
Website: wpp.com
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