WPP AUNZ reports modest revenue growth in half year results
Advertising and public relations company WPP AUNZ has reported a 3.8% half year profit increase from $41.9m to $43.4m.
The holding company’s advertising and media investment management arm – which includes agencies Y&R, WhiteGrey, JWT, Ogilvy and Spinach – saw the most growth for the company, increasing its net sales by 4.7% to $232.8m.
Connaghan said the the company was “a tad disappointed” with the results
Every earnings report seems to be full of excuses. Treading water.
There is growth from acquisitions as the core businesses all struggle. Outdated leadership and outdated business model.
Please… name the outdated business model. I’d like to see you suggest something.