WPP Group PLC reports slowing sales

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WPP Group PLC reports slowing sales

WPP Group PLC reported slowing sales yesterday and warned about future growth.

WPP is seen as bellwether for the advertising industry. It is suggested that clients are bypassing more traditional advertising methods in favour of digital platforms such as google and Facebook.

How will WPP and other such companies compete in this new market?

WPP share price fell by approximately 10% yesterday. Today it is up 2% at £14.49 (12:10 on 24/05/17) and in the top 5 best performing companies in the FTSE 100

 

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