ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for monitor Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.

MAT Matica

4.75
0.00 (0.00%)
17 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Matica LSE:MAT London Ordinary Share GB00B1S4QS09 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 4.75 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Ogilvy & Mather CEO Sees No Immediate Signs Of Ad Market Recovery

25/06/2009 5:04pm

Dow Jones News


Matisse (LSE:MAT)
Historical Stock Chart


From Jun 2019 to Jun 2024

Click Here for more Matisse Charts.

Ogilvy & Mather Chief Executive Miles Young expects no immediate recovery of the advertising market and believes the recession may spill into 2010, he told Dow Jones Newswires in an interview Thursday.

"The first and second quarters of 2010 will still be tough," he said in an interview on the sidelines of the Cannes Lions advertising festival.

"I think we can expect some recovery in the second half of 2010," he said, adding that clients' media spending at Ogilvy & Mather, which is owned by WPP PLC (WPP.LN), was holding up well amid the crisis.

According to Young, China and India may be among the first countries to profit from a recovery.

Ogilvy & Mather, the world's third-largest advertising agency by the number of global clients, is aiming for further growth in emerging markets, the chief executive said.

Its clients include Motorola Inc. (MOT), Mattel Inc. (MAT), Nestle SA (NESN.VX) and American Express (AXP).

-By Ruth Bender, Dow Jones Newswires; +33 1 4017 1754; ruth.bender@dowjones.com

 
 

1 Year Matisse Chart

1 Year Matisse Chart

1 Month Matisse Chart

1 Month Matisse Chart

Your Recent History

Delayed Upgrade Clock