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FTSE 100 Live: Stocks end tough week in positive fashion
London's blue-chips have been given a lift by gains on Wall Street
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LON:WPP
WPP is one of the world's largest communications services groups. We are made up of leading companies in: Advertising; Media Investment Management; Information, Insight & Consultancy; Public Relations & Public Affairs; Branding & Identity; Healthcare Communications;Direct, Promotion & Relationship Marketing; Specialist Communications
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London's blue-chips have been given a lift by gains on Wall Street
Private equity group KKR is expected to buy a 30% stake in WPP's financial communications firm FGS Global
Net new business won totalled US$1.7bn in the third quarter and US$5.1bn in the year to date, the advertising giant said
At its interims the FTSE 100 group said adjusted sales are expected to rise 6-7% this year, up from April's growth guidance for 5.5-6.5%,
The Dutch-based company’s clients include airline KLM, Yakult, and the world-famous Rijksmuseum
The global creative group reported 10.2% jump in revenue to £6.75bn in the first half of 2022
Positive progress across all sectors in the first quarter provides strong basis for growth
For WPP, one of Corebiz’s attractions is its expertise in Vtex technologies already used by many WPP clients
WPP sticks to mid-term guidance and said will accelerate buy backs
WPP has acquired over 80 companies across its 50 years of operating, mostly under previous boss Sir Martin Sorrell
The world's biggest advertising group now expects like-for-like revenue less pass-through costs to grow by 11.5%-12% in 2021, up from its August forecast of 9%-10%