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Stock impact report

UPDATE 2-Advertising group Publicis beats sales forecasts with U.S. rebound, shares rise [Reuters]

WPP plc American Depositary Shares (WPP) 
US:NYSE Investor Relations: wpp.com/wpp/investor/financialnews
Company Research Source: Reuters
UPDATE 2-Advertising group Publicis beats sales forecasts with U.S. rebound, shares rise | Reuters Reuters Staff 4 Min Read * Shares climb, among top performers on Paris market * Posts organic sales growth of 1.6 pct * Confirms full-year targets * Says market environment remains difficult (Adds share price, second analyst comment, detail on U.S.) By Mathieu Rosemain PARIS, April 19 (Reuters) - French advertising group Publicis on Thursday delivered better-than-expected sales growth driven by a rebound in its biggest market in North America in the first quarter. Publicis’ shares rose sharply, with the stock up 5.6 percent in early session trading - among the top performers on France’s benchmark CAC-40 index. The world’s third-biggest advertising group said net revenue amounted to 2.08 billion euros ($2.57 billion) over the period, reflecting growth excluding the impact of acquisitions and foreign exchange, of 1.6 percent, beating a Reuters poll forecast of 0.94 percent. Chief Executive Show less Read more
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