S4 Capital: Sir Martin Sorrell’s ad giant loses its CFO Business S4 Capital, the ad giant run by Sir Martin Sorrell, is set to lose its chief financial officer Mary Basterfield. Basterfield has been CFO of S4 Capital since January 2022, having previously worked as CFO of Warner Music Group and UKTV, as well as group finance director of Just Eat. She has a twelve month [...]
S4 Capital: Revenue down and debt up at Sir Martin Sorrell’s ad giant Media Sir Martin Sorrell’s S4 Capital’s post-pandemic struggles have carried through into its latest results, which revealed a sharp decline in revenue and ballooning debt. The London-listed media holding group, which ad guru Sorrell founded after a sudden exit from WPP in 2018, saw its net revenue reduce by 15.6 per cent from £445.5m to £375.1m [...]
Martin Sorrell’s S4Capital places hope in AI as revenue slumps across the board media S4Capital has been hit by lower advertising spending.
Sir Martin Sorrell’s S4Capital hits stormy waters after breakneck growth March 27, 2024 Operational earnings before interest, tax, deprecation and amortisation (EBITDA) for the year came in at £93.7m, down 24.6 per cent on a reported basis or 36.6 per cent on a like-for-like basis.