Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. United Kingdom
  4. London Stock Exchange
  5. WPP plc
  6. News
  7. Summary
    WPP   JE00B8KF9B49

WPP PLC

(WPP)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

WPP PLC : Mindshare to acquire MASSCOM media agency in Philippines

12/20/2013 | 05:11am EDT
20 December, 2013
WPP announces that its wholly owned operating company, Mindshare, a global media agency network, has agreed to acquire the business and assets of Media Arts System and Services Company, Inc. ("MASSCOM") in the Philippines.

MASSCOM was established in 1986 as an independent media agency, serving Unilever exclusively in the Philippines. MASSCOM provides media planning, strategy and buying services to Unilever, the global fast-moving consumer goods company and a top advertiser in the Philippines.

This acquisition marks a further step towards WPP's declared goal of developing its networks in fast-growth markets and sectors. In the Philippines, WPP companies (including associates) generate revenues of over US$80 million and employ approximately 1,000 people. In the Asia Pacific region, WPP companies (including associates) generate revenues of US$5 billion and employ more than 47,000 people. WPP recently raised its targets from 35-40% for each of fast-growth markets and new media to at least 40-45%, over the next five years.

Contact
Feona McEwan, WPP London
+ 44(0) 207 408 2204

Belinda Rabano, WPP Beijing
+ 86 1360 107 8488

distributed by

ę Publicnow 2013
All news about WPP PLC
12:13pWPP pays $19 million in bribery settlement with U.S. SEC
RE
11:15aWPP : Agrees to $19 Million Settlement of SEC Probe
MT
09:46aWPP to Pay $19 Million to Resolve SEC Charges of Anti-Bribery, Accounting Provisions
DJ
09:39aWPP : Advertising group WPP to pay $19 million to settle anti-bribery charges, says U.S. S..
RE
09/23WPP : announces first successful applications to its Racial Equity Programme
PU
09/22WPP : opens its new campus in Milan
PU
09/17MARTIN SORRELL : Martin Sorrell's S4 Capital acquires tech services group Zemoga
RE
09/15WPP : Six months ended June 2021 compared with six months ended June 2020 Introduction (Fo..
PU
09/15Wpp plc Recommends Interim Dividend, Payable on November 1, 2021
CI
09/13MARTIN SORRELL : Sorrell's S4 Capital raises annual profit outlook for a third time
RE
More news
Analyst Recommendations on WPP PLC
More recommendations
Financials
Sales 2021 10 188 M 13 927 M 13 927 M
Net income 2021 759 M 1 037 M 1 037 M
Net Debt 2021 1 444 M 1 974 M 1 974 M
P/E ratio 2021 15,5x
Yield 2021 2,99%
Capitalization 11 691 M 15 981 M 15 981 M
EV / Sales 2021 1,29x
EV / Sales 2022 1,32x
Nbr of Employees 104 000
Free-Float 93,9%
Chart WPP PLC
Duration : Period :
WPP plc Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends WPP PLC
Short TermMid-TermLong Term
TrendsNeutralNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 22
Last Close Price 991,00 GBX
Average target price 1 119,98 GBX
Spread / Average Target 13,0%
EPS Revisions
Managers and Directors
Mark Julian Read Chief Executive Officer & Executive Director
John Terence Rogers Chief Financial Officer & Director
Roberto Quarta Chairman
Stephan Pretorius Chief Technology Officer
Andrew Grant Balfour Scott Chief Operating Officer
Sector and Competitors
1st jan.Capi. (M$)
WPP PLC23.88%16 154
PUBLICIS GROUPE SA41.71%17 071
OMNICOM GROUP INC.18.90%15 900
THE INTERPUBLIC GROUP OF COMPANIES, INC.65.31%15 119
WEIBO CORPORATION18.91%11 105
CYBERAGENT, INC.26.69%10 097