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ADS Alexander Dav.

1.45
0.00 (0.00%)
18 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Alexander Dav. LSE:ADS London Ordinary Share GB0009530188 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1.45 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Alexander David Share Discussion Threads

Showing 726 to 734 of 750 messages
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DateSubjectAuthorDiscuss
02/11/2023
08:43
!FOLLOWFEED
Aquis Listed.

wiganer
11/10/2019
07:11
This article is being republished as part of our daily reproduction of WSJ.com articles that also appeared in the U.S. print edition of The Wall Street Journal (October 11, 2019).

Publicis Groupe SA said organic revenue is likely to decline 2.5% this year, lowering its guidance as it reported lower-than-expected results in the third quarter.

The French advertising giant, which in July said it expected organic revenue to be "broadly stable" this year, reported a 2.7% decrease in organic revenue in the third quarter, blaming cuts from a handful of U.S. advertising clients and softer-than-anticipated performance at its media agencies.

Publicis also attributed the decrease partly to an ongoing reorganization at digital agency Publicis Sapient -- an effort to take on bigger and broader business projects in the U.S. Those new projects haven't yet compensated for the decline in one-off and project-based digital assignments, the company said in a statement.

The company's organic revenue growth, a key metric that strips out currency effects and acquisitions, was 0.8% in 2018.

Stocks at rival ad holding companies, including Interpublic Group of Cos., Omnicom Group Inc. and WPP immediately dropped following Publicis' report.

"We could have chosen the easy route and taken advantage of the status quo to find small pockets of immediate growth," said Publicis Groupe CEO Arthur Sadoun in the statement. "Instead we are accepting this painful situation in the short-term, to be better prepared for the future."

Publicis has been pursuing a broad reorganization, including an investment in data capabilities and technology. It earlier this year agreed to acquire Alliance Data Systems Corp.'s marketing-services business, Epsilon, for $4.4 billion.

The ad business is facing a flurry of challenges as clients replace long-term agency contracts with short-term projects, cut agency fees and seek new expertise to help them resonate with ad-averse consumers who are spending more time online. Ad holding companies are also competing with consultancies that are aggressively acquiring ad services capabilities and agencies.

"We have clearly identified the challenges affecting our industry, and we haven't lost a second in addressing them," said Mr. Sadoun.

Publicis had already cut its organic revenue growth target in July. For 2020, the company expects its organic revenue growth to come in between -2% and +1%.

Olivia Bugault contributed to this article.

Write to Alexandra Bruell at alexandra.bruell@wsj.com



(END) Dow Jones Newswires

October 11, 2019 02:47 ET (06:47 GMT)

waldron
01/3/2019
13:34
WPP PLC (WPP.LN) reported results for 2018 on Friday. Here's what you need to know:



LIKE-FOR-LIKE SALES: The London-based advertising group, whose agencies include Ogilvy & Mather, Grey and Group M, said like-for-like net sales--a closely-watched metric for the company's underlying performance--fell 0.7% in the fourth quarter, beating analysts' expectations of a 1.5% decline. For 2018 as a whole, like-for-like net sales fell 0.4%. This compares with a 0.9% decline in 2017 and forecasts of a 0.6% fall, according to a consensus provided by WPP.



HEADLINE PRETAX PROFIT: WPP made a headline pretax profit of 1.86 billion pounds ($2.48 billion), down 11% on year but in line with a company-provided consensus. Net profit dropped 42% to GBP1.06 billion, hit by restructuring costs and a goodwill impairment.



WHAT WE WATCHED:



-OUTLOOK: WPP said it faces a challenging year, particularly in the first half, and forecast like-for-like net sales to fall by 1.5% to 2.0% in 2019 due to client losses last year. The company's guidance struck analysts at investment bank Liberum as more positive than expected, they said in a research note. Analysts at Citi and Barclays called the results reassuring. Shares in WPP were the FTSE 100's top riser and traded 7.1% higher at 884.20 pence at 1240 GMT.



-TURNAROUND: WPP Chief Executive Mark Read said the company has made initial progress in implementing its new strategy. Since he took the helm of the company in September, WPP has tried to simplify its structure and increase investments in creativity and technology. It is targeting to grow in line with peers by the end of 2021. "The plans that the company outlined at the capital markets day in December seem more than achievable," said analysts at Liberum.



-NORTH AMERICA ISSUES: WPP's priority in the year ahead will be to address its recent weak performance in North America, its CEO said. In the fourth quarter, North America was the laggard for WPP with a 5.7% drop in like-for-like sales compared with a 5.4% fall in the previous quarter.



Write to Adria Calatayud at adria.calatayudvaello@dowjones.com



(END) Dow Jones Newswires

March 01, 2019 08:16 ET (13:16 GMT)

ariane
07/2/2019
17:56
Shares in Publicis slide by as much as 14% after 4Q disappoints

--Competitor WPP's stock is also hit by Publicis miss, falling as much as 8%

--Deutsche Bank cuts Publicis rating to hold from buy



Shares in Publicis Groupe SA (PUB.FR) dropped Thursday after the company reported earnings that analysts described as lackluster, with negative news spilling over to one of its competitors.

At 0924GMT, shares in Publicis traded 12% lower at EUR48.57 after losing as much as 14% in early trading. Its competitor WPP PLC (WPP.LN) was down 6% at GBP8.23 after shedding as much as 8%.

The French advertising group said Wednesday that a higher-than-expected retreat in traditional ad spending had affected business by 150 million euros ($171.3 million) in 2018. The majority of these clients are U.S.-based consumer-goods companies.

Analysts at Citi said Publicis missed revenue consensus but was ahead in operating profit.

"Publicis has done it again, and not in a good way," they said in a note. "As with 1H18, the group has put together a miss on organic revenue and a handsome beat on margins and earnings. Although we expect consensus earnings to move up by 3% to 5% on a combination of a higher profit base/margin and the impact of the EUR400 million buyback, we would nevertheless expect the shares to trade down as what Publicis gains on [earnings per share] is lost on the multiple."

Separately, Deutsche Bank analysts said the miss in the fourth quarter was greater than they had expected, and that they were looking "for a broad sign that growth was accelerating from the nine-month rate of 0.2%, driven by account wins and a shift to providing higher value services."

"However, the scale of the miss in 4Q took us by surprise, with attrition among existing accounts negating new business gains," they said.

They said the trend seemed set to continue into the first quarter of 2019, and moved the rating on the stock to hold from buy.

"We think the weak operating environment and further evidence of the challenges of turning around agency conglomerates will weigh on Publicis and its peer, WPP," they said.



Write to Donato Paolo Mancini at donatopaolo.mancini@dowjones.com; @donatopmancini



(END) Dow Jones Newswires

February 07, 2019 04:43 ET (09:43 GMT)

the grumpy old men
14/11/2018
10:27
XMAS ADS

ALREADY SO SOON

ariane
18/7/2018
05:59
Shares in traditional ad companies are down Tuesday, as Omnicom Group Inc. (OMN) reported revenue short of Wall Street targets on Tuesday morning. Omnicom--on pace Tuesday for the largest decrease since Nov. 19, 2008--is down 8% to $71.91; Interpublic Group of Cos. (IPG) falls 4.9% to $22.54; WPP PLC's (WPP) ADRs fall 3.6% to $77.78 and Publicis Groupe SA (PUBGY), whose ADRs trade in New York over the counter, fall 3% to $17.09. (maria.armental@wsj.com; @mjarmental)



Write to Maria Armental at maria.armental@wsj.com



(END) Dow Jones Newswires

July 17, 2018 14:28 ET (18:28 GMT)

florenceorbis
14/5/2018
17:04
JCDecaux profits from its development in China and aims to accelerate sales in Q2


PARIS (Agefi-Dow Jones) - World leader in advertising JCDecaux (DEC.FR) announced Monday that it expects organic growth to accelerate in the spring after a slower activity than initially estimated in the first quarter.


Between January and March, the group's turnover fell 2.6% to 752.5 million euros, penalized by negative currency effects. At constant exchange rates and scope, the so-called organic growth, however, stands at 2.8% and could reach 3.5% in the second quarter, said JCDecaux in a statement.


The group was targeting organic growth of around 2% for the first three months of the year, compared to 3.2% last year and 6.5% in the fourth quarter of 2017 alone.


According to the consensus established by Factset, analysts expected on average a quarterly turnover of 753 million euros.


Activity in the quarter was driven by the good performance of the transport division (display in railway stations and airports), whose organic growth of 5% reflects the group's development in China.


"With regard to the second quarter of 2018, and keeping in mind that it is becoming increasingly difficult to forecast future advertising revenue due to last-minute order taking, which is now more frequent thanks to external digital communication, we currently expect organic growth around 3.5%, "said the chairman of the board Jean-Francois Decaux, quoted in a statement.


- Thomas Varela, Agefi-Dow Jones; +33 (0) 1 41 27 47 99; tvarela@agefi.fr ed: ECH




FINANCIAL COMMUNICATIONS OF JCDECAUX:





Agefi-Dow Jones The financial newswire


(END) Dow Jones Newswires


May 14, 2018 12:33 ET (16:33 GMT)

waldron
10/5/2018
07:26
BP Selects WPP to Provide Global Marketing Communications
09/05/2018 5:49pm
Dow Jones News

WPP (LSE:WPP)
Intraday Stock Chart

Today : Thursday 10 May 2018
Click Here for more WPP Charts.

By Dimitrios Kontos



BP PLC (BP.LN) has selected WPP PLC (WPP.LN) to provide marketing communication services for its corporate, fuels and Castrol businesses globally, the London-based advertising company said Wednesday.

WPP said it will provide BP with services including advertising, media-investment management, digital media, marketing communication and branding services, public relations and brand research.

The oil-and-gas major has been a WPP client for more than 20 years.

Wednesday's news comes after the departure of WPP's founder and former CEO Martin Sorrell in mid-April.

WPP's London-listed shares closed 0.9% higher at 1,270.50 pence.



Write to Dimitrios Kontos at dimitrios.kontos@dowjones.com



(END) Dow Jones Newswires

May 09, 2018 12:34 ET (16:34 GMT)

maywillow
01/3/2018
10:40
Sky (LSE:SKY)
Intraday Stock Chart

Today : Thursday 1 March 2018
Click Here for more Sky Charts.

--Negotiating deals with Sky will become more difficult as the bidding war for the European broadcaster intensifies, said Publicis Chairman Maurice Levy, according to marketing and media news website The Drum.

--On Tuesday, U.S. cable company Comcast presented a $31 billion bid for Sky, which was a surprise, reports The Drum, given than 21st Century Fox had agreed to pay $25.8 billion for the 61% stake in Sky it doesn't already own.

--"The Murdoch family" will be the only beneficiaries regardless of the outcome, Mr. Levy said Wednesday at Mobile World Congress in Barcelona, and advertisers should prepare for tough negotiations, reports The Drum.

--Mr. Levy also said "whoever acquires Sky, at the end of the day, it will not be an independent [company]," and "the player will be bigger, the stake will be bigger and the ability to negotiate will be harder," The Drum reports.



Full story:



Write to Barcelona editors at barcelonaeditors@dowjones.com



(END) Dow Jones Newswires

March 01, 2018 05:14 ET (10:14 GMT)

waldron
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