LONDON: WPP Plc’s Martin Sorrell showed investors a long list of problems holding back the advertising industry after slashing his revenue-growth forecast. He didn’t offer much in the way of solutions.
With shares of the world’s largest advertising company having their worst day since 2000, the chief executive officer walked investors through a marathon 2½ hour session discussing WPP’s latest financial results, including a slide listing 22 outside factors sapping the industry worldwide.
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