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Stock impact report

WPP first-quarter sales drop on declines in U.K., Western Europe [Fortune]

Omnicom Group Inc. (OMC) 
Last omnicom group inc. earnings: 4/28 06:25 am Check Earnings Report
US:NYSE Investor Relations: investor.omnicomgroup.com
Company Research Source: Fortune
Revenue, excluding pass-through costs for services from other vendors, fell 2.7% to £2.48 billion ($3.3 billion), the British advertising agency said in a statement on Friday. That compares to the £2.54 billion average analyst forecast compiled by Bloomberg. WPP said it would maintain its guidance for the year and that it hasn't seen any client reaction so far after US President Donald Trump levied global tariffs that upended markets. The company had already warned that sales this year would remain flat, at best, and Read said in February that he was worried about customers pulling back because of the uncertain political environment. The tariffs — many of which are still uncertain but threaten to upend supply chains and disrupt sales into the US — are clouding outlooks for companies across industries this quarter. French rival Publicis Groupe SA said last week it would stick to its revenue forecast for 2025, betting recent client wins would help it weather the economic uncertaint Show less Read more
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