Advertising agency WPP has cut its annual revenue forecast as US tech clients scale back their spending.
London-listed WPP said on Friday that it expects revenues to grow between 1.5 per cent and 3 per cent, lower than a previous range of 3 per cent to 5 per cent.
The gloomier outlook from WPP echoes that of rival agencies in recent weeks as companies prune their marketing budgets. The company singled out a slowdown in the US, which had offset an upswing in China.
您已阅读47%(466字),剩余53%(516字)包含更多重要信息,订阅以继续探索完整内容,并享受更多专属服务。