Posts Tagged ‘WPP’

Published 20th Mar 2015, 16:28

Only one-third of WPP’s 6.625% noteholders elect for swap

Only one-third of the holders of WPP’s 6.625% loan notes have opted to exchange them for notes with a lower interest coupon and later redemption date, despite a financial inducement to do... Read more
Published 19th Mar 2015, 23:35

Havas grows faster than Publicis

Havas has reported a healthy 9.4% growth in post-tax profit for 2014 on a 5.2% increase in revenue.  Havas recorded the biggest growth in revenue among the five largest global groups. The... Read more
Published 16th Mar 2015, 15:54

Sorrell family’s WPP stake worth £318m

Sir Martin Sorrell’s family shareholding in WPP was valued at £318 million this morning after the company announced the outcome of the latest share awards under its LEAP (Leadership Equity... Read more
Published 14th Mar 2015, 17:11

Addison writes down IR Group parent by £6.9m

WPP’s subsidiary Addison Corporate Marketing has written off most of the price it paid to acquire the parent company of investor relations consultancy IR Group in August 2013. Addison paid... Read more
Published 13th Mar 2015, 08:51

Sector share prices: March 2015

Shares of companies in the marketing sector had a better month to 12 March than was achieved by the FTSE All-Share Index.  The sector’s MSFI Index rose by 2.17% to 57 (12 January 2001: 100)... Read more
Published 12th Mar 2015, 18:27

WPP offers to swap loan notes for later redemption date

WPP is inviting holders of up to €400 million of its 6.625% loan notes to exchange them for new notes with a later redemption date.   The existing notes are due for redemption in 2016 whereas... Read more
Published 9th Mar 2015, 12:33

Finance cost savings and disposal gains obscure WPP’s standstill

A 35% cut in finance costs and gains of £186 million on disposal of assets enabled WPP to report a 13.8% rise in post-tax profit in 2014 despite static revenue and gross income. Without those... Read more
Published 3rd Mar 2015, 10:48

Bids and deals: March 2015

Xaxis, the WPP subsidiary that provides targeted digital media buying facilities internationally, has agreed to acquire the US performance-based marketing and e-commerce agency Action... Read more
Published 14th Feb 2015, 15:11

Sector share prices: February 2015

Most marketing companies with shares listed on the London Stock Exchange had a disappointing month to 12 February and the sector’s MSFI Index was at a standstill at 55.7 (January 2001 = 100). ... Read more
Published 29th Jan 2015, 11:03

Syzygy expects to report 34% rise in revenue and profit for 2014

Syzygy, the publicly listed German digital marketing agency in which WPP has a near 30% minority stake, expects to report a 34% increase in revenue for the year to 31 December 2014 when its audited... Read more