Wednesday, August 24, 2016

WPP H1 Profit Down, July Sales Rise, Sees Growth In FY; Stock Up

Shares of WPP Group Plc. were gaining around 6 percent in the morning trading on London after the advertising giant reported Wednesday positive current trading and expectations for increased results. This was after reporting higher headline profit and increased revenues in its first half, even as reported profit declined from last year. The company also announced a significant dividend growth.

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