WPP nudges up sales outlook

WPP has lifted its fullyear sales outlook as newly appointed boss Mark Read yesterday unveiled the advertising giant’s first quarter of like-for-like revenue growth for more than a year.

Just a day after confirming Read as new chief executive to succeed Sir Martin Sorrell, WPP said like-forlike sales grew by 2.4 per cent in the three months to 30 June – its first quarterly growth since the start of 2017.