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Stock impact report

Stagwell (STGW) Releases Annual Report for 2023: Growing Market Share and Evolving for the Frontiers of Marketing [Yahoo! Finance]

Stagwell Inc. - Class A (STGW) 
Company Research Source: Yahoo! Finance
intelligence, immersive experiences for brands, strategic acquisitions, and an expanding global footprint that drove company visibility and market share. Download the full report here "Despite a challenging year for marketing services and digital transformation – accentuated by our client mix – Stagwell grew share with some of our largest customers in 2023, took efficient steps in managing our costs and invested in digital innovation to position itself for the future of marketing," noted Chairman and CEO Mark Penn . "We are well-poised to deliver another year of path-breaking work for clients; and we believe a mix of 2024 tailwinds and new centralized initiatives will return us to industry-leading organic growth and margins, while keeping us at the forefront of change." 2023 Highlights: Penn's annual shareholder letter discusses Stagwell's 2023 performance driven by: Investment in digital innovation : Underscored by growth in its Stagwell Marketing Cloud Group, a proprietary sui Show less Read more
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