Global advertising and communications group, WPP, has issued a profits warning, saying that trading is difficult with ‘few, if any, signs of recovery in the advertising and marketing services industry.’ The news of WPP’s continued troubles will come as a disappointment to other advertising and marketing companies, as it is something of a bellwether to… Continue reading WPP Issues Profits Warning In Continuing Difficult Conditions
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Yesterday was a lacklustre day for media companies following an announcement by WPP that it would probably miss its profit margin target this year. The world’s largest advertising and marketing group saw shares slip 6.50% yesterday to close at £5.55˝ after reporting an 8% drop in organic global revenues in the first five months of… Continue reading Sharewatch
The overall outlook for 2003 is now worsening, with concern about interest rates and consumer spending and further rationalisation required in the financial markets, according to analysts at Merrill Lynch. “The rapid decline in stock markets in the last month, World Cup inertia and low activity is likely to trigger a further round of rationalisation… Continue reading Outlook For 2003 Media And Advertising Is Worsening, Says Merrill Lynch
Rail and metro media is not the most glamorous form of advertising and in the past the lack of opportunity within the sector and the undesirable state of the nation’s rail network has meant that the potential of the medium has remained largely unrealised. However, the sector has seen a number of developments over the… Continue reading Feature: Rail And Metro Media Gets On Track
Global advertising and communications group, WPP, has forecast that the advertising recovery will be shallow and gradual, rather than U- or V- or W-shaped. This concurs with the predictions of analysts at Merrill Lynch (see Ad Agencies Stock Weak As ‘Muted’ Recovery Is Predicted). The group yesterday issued a profits warning, saying that trading is… Continue reading WPP Forecasts A Shallow And Gradual Advertising Recovery
Chairman of the Interactive Advertising Bureau, Danny Meadows-Klue, explains how the IAB’s new Golden Rules of online advertising make using the web, simple, quick and effective.For some marketers getting under the skin of online is still a challenge. They may use the web at work, be deeply involved in traditional media channel marketing, and maybe… Continue reading NewsLine Column: The Web – Where Do I Start?
US radio revenues increased by 4% year on year during April, with local spend up 2% and national up 6%, according to the latest data from the US Radio Advertising Bureau. The first four months of 2002 show national spend up 2%, whilst local ad sales and the combined total figures remained flat overall. The… Continue reading US Radio Revenue Creeps Up 4% In April
12Snap is launching an SMS advertising campaign to promote Cadbury’s sponsorship of the 2002 Commonwealth Games.The ‘Txt 4 Gold’ promotion, which runs across ten Cadbury brands including Dairy Milk, Crunchie, Caramel and Boost, offers consumers the chance to win prizes by texting a code printed on the inside of selected chocolate bar wrappers to a… Continue reading 12Snap And Cadbury Go For Commonwealth Gold
UK cinema admissions saw a 20% year on year increase during May, thanks to the release of Star Wars: Episode II – Attack Of The Clones. Total admissions for the month were 14 million.Star Wars achieved the highest opening weekend of the year so far at the box office, taking £9m in its first weekend… Continue reading Star Wars Sends Cinema Admissions Sky-High
United Business Media (UBM) has indicated that overall trading and outlook remain similar to the position outlined at its AGM in May and at the full year results in March.UBM says its businesses are showing a ‘robust performance’ on a ‘challenging and uncertain trading environment’ which is putting continued pressure on revenues.In the market research… Continue reading Technology Ads Still Tough For UBM
