WPP lowers full-year forecast as tech clients curb spending
Illustration of the logo of British communications company WPP.
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“(The U.S.) was impacted in the second quarter by lower spending from technology clients and some delays in technology-related projects,” he said on Friday.
“China returned to growth in the second quarter albeit more slowly than expected.”
The British company reported a 2.0% rise in like-for-like revenue less pass-through costs to 5.81 billion pounds ($7.39 billion) in the first half.
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