WPP’s profit falls in Q2 as US tech clients tighten their belts
Global advertising holding company WPP has seen a slower second quarter in 2023, as the lack of spending from US technology companies made a dent in the group’s revenue.
The company posted £7.22 billion (A$14 billion) in revenue for the first half of 2023, a 6.9% increase on a reported basis and 3.5% like-for-like (LFL) growth.
[click to enlarge]: key figures
