WPP shares reach near one-year high as sales slowdown eases
UKPulse Money Desk
WPP, the FTSE 250 advertising firm, has seen its shares rise to their highest level in almost a year. This follows a less dramatic fall in sales during the second quarter.
- WPP shares have reached their highest level in nearly a year.
- The company reported a less dramatic fall in sales in the second quarter.
- WPP has cut thousands of jobs over the past year.
WPP, the FTSE 250 advertising giant, has seen its shares climb to their highest point in almost a year. This rise comes as the company reported an easing of its sales slowdown in the second quarter.
The firm attributed the less dramatic decline in sales to new client wins. Over the past year, WPP has undertaken significant job cuts.