WPP snaps up Aussie marketing tech firm Bower House Digital to expand global network June 30, 2022 WPP announced this morning that it has snapped up Bower House Digital, a marketing technology services agency located in Australia.
Ukrainian government recruits UK ad giant WPP to craft economy rebuilding campaign June 22, 2022 WPP and the Ukrainian Government have announced a fresh partnership to attract investment into Ukraine and help rebuild its economy.
Global ad industry set to grow 8.4 per cent despite Chinese slowdown and inflationary sting June 13, 2022 The global advertising industry is expected to grow 8.4 per cent this year, as global markets continue to make a slow comeback.
The City View: Sainsbury’s to cut prices, and the importance of UK private equity May 30, 2022 Today Andy Silvester talks to Michael Moore, Director General at BVCA. They discuss the scale of private equity and venture capital in the UK, their importance in the UK’s employment market, and how vital they are for companies looking to scale up. And in the headlines: Sainsbury’s CEO Simon Roberts has said that the supermarket [...]
S4 Capital revenue surges as Martin Sorrell confident about digital ad sector despite economic slowdown May 30, 2022 Ad giant S4 Capital posted buoyant gross profit of £171.1m this morning, despite Martin Sorrell’s brainchild battling macroeconomic challenges and accounting delay woes. In results published on Monday for the first quarter, reported revenue was up 70 per cent to £206.8m and gross profit/net revenue up 64.6 per cent to £171.1m. S4 Capital said it [...]
S4 Capital reveals fresh US acquisition despite reports that Sorrell has expanded too much too quickly May 17, 2022 Following a scathing Sunday Times investigation which implied it has grown too much too quickly, ad and marketing giant S4 Capital announced it would be combining MediaMonks and LA-based firm TheoremOne in a push for its tech services.
Ad boss Sir Martin Sorrell says S4 Capital’s results delays are unacceptable and embarrassing’ May 6, 2022 Ad industry veteran Sir Martin Sorell has said month long delay in the release of marketing firm S4 Capital’s results are “unacceptable and embarrassing,” after promising to make “significant changes” to the firm. The WPP founder decried the delays to the publication of S4 Capital’s results, after Big Four auditing firm PwC failed to sign [...]
S4 Capital posts whopper results despite auditing delay share slump May 6, 2022 Despite the auditing delay, S4 Capital delivered better late than never results this morning, with revenue doubling to £686.6m. Sir Martin Sorrell’s brainchild posted a 44 per cent surge for in 2021 gross profit, and the number of project billings doubled to £1.3bn thanks to “whoppertunities”. The ad and marketing giant added that operational EBITDA [...]
Shares soar for Sorrell’s S4 Capital following results announcement May 5, 2022 Shares in S4 Capital soared over 15 per cent today after the firm confirmed it would be publishing its delayed results tomorrow. The news comes after Sir Martin Sorrell’s S4 stock took a battering last month after the second PwC’s auditing delay, with investors jumping to the worse case scenario conclusions. Eyebrows were first raised [...]
Dodging inflation woes: Ad giant WPP raises forecasts as online demand soars April 27, 2022 Ad giant WPP hiked its its full-year sales outlook this morning following booming online demand despite shrinking woes for consumer budgets for major brands.