S4 Capital reports profit growth in Q3 and year-to-date

November 10, 2020 11:07

Sir Martin Sorrell’s post WPP venture, S4 Capital, has posted its third quarter trading update, and it’s good news for Sorrell.

S4 Capital reported strong organic gross profit growth of almost 16% so far this year, and almost 23% in the third quarter. Sorrell said that the company was “well positioned in the digital sweetspot of an otherwise stagnant advertising and marketing industry,” and that “clients are responding very well” to its purely-digital model.

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Olivia Kruimel

Olivia Kruimel was the managing editor at Mumbrella. She has more than 15 years of experience in journalism, communications and marketing. Her journalism career began at Fairfax Media (now part of Nine) and includes various B2B publications such as B&T, Travel Today and ALB. As a marketer Olivia has worked for Standard Chartered and various global law firms.