S4 Capital shares tank 40 per cent as Sorrell’s brainchild issues profit warning July 21, 2022 Shares in S4 Capital tanked over 40 per cent this afternoon after the advertising giant issued a profit warning.
Heat warning to passengers after London train track bursts into flames July 12, 2022 Traintracks on a London line near Battersea burst into flames as the UK-wide heatwave continue. Fire services were called and a London train service was paused after flames engulfed the wooden beams on a track in South London on Monday. Managing Director of Southeastern Railway, Steve White, took to social media to share a picture [...]
S4 Capital snaps up another agency despite claims it has expanded too quickly July 1, 2022 S4 has announced yet another merger this morning between XX Artists and Media.Monks, which significantly expands the capabilities of its Content practice. The combination augments its Social Media Marketing capabilities and expands its client base. Headquartered in Los Angeles with a majority-female, majority-diverse team of 125 globally, XX Artists helps clients such as Google, YouTube, Logitech, and Ancestry.com [...]
S4 Capital revenue surges as Martin Sorrell confident about digital ad sector despite economic slowdown May 30, 2022 Ad giant S4 Capital posted buoyant gross profit of £171.1m this morning, despite Martin Sorrell’s brainchild battling macroeconomic challenges and accounting delay woes. In results published on Monday for the first quarter, reported revenue was up 70 per cent to £206.8m and gross profit/net revenue up 64.6 per cent to £171.1m. S4 Capital said it [...]
HomeServe agrees to £4bn acquisition with founding chief exec and his wife netting £495m May 19, 2022 London-listed firm HomeServe has agreed to a £4bn acquisition, with its founder and his wife picking up a cool half-a-billion. The pipe-fixing company has been bought out by Bidco, a subsidiary of Canadian company Brookfield Infrastructure funds. As part of the agreement, each shareholder is entitled to 1,200 pence per share, with founder Richard Harpin’s [...]
S4 Capital reveals fresh US acquisition despite reports that Sorrell has expanded too much too quickly May 17, 2022 Following a scathing Sunday Times investigation which implied it has grown too much too quickly, ad and marketing giant S4 Capital announced it would be combining MediaMonks and LA-based firm TheoremOne in a push for its tech services.
Ad boss Sir Martin Sorrell says S4 Capital’s results delays are unacceptable and embarrassing’ May 6, 2022 Ad industry veteran Sir Martin Sorell has said month long delay in the release of marketing firm S4 Capital’s results are “unacceptable and embarrassing,” after promising to make “significant changes” to the firm. The WPP founder decried the delays to the publication of S4 Capital’s results, after Big Four auditing firm PwC failed to sign [...]
S4 Capital posts whopper results despite auditing delay share slump May 6, 2022 Despite the auditing delay, S4 Capital delivered better late than never results this morning, with revenue doubling to £686.6m. Sir Martin Sorrell’s brainchild posted a 44 per cent surge for in 2021 gross profit, and the number of project billings doubled to £1.3bn thanks to “whoppertunities”. The ad and marketing giant added that operational EBITDA [...]
Shares soar for Sorrell’s S4 Capital following results announcement May 5, 2022 Shares in S4 Capital soared over 15 per cent today after the firm confirmed it would be publishing its delayed results tomorrow. The news comes after Sir Martin Sorrell’s S4 stock took a battering last month after the second PwC’s auditing delay, with investors jumping to the worse case scenario conclusions. Eyebrows were first raised [...]
How long can Russia withstand the sanctions? April 12, 2022 In response to its invasion of Ukraine, Russia has been targeted with severe economic sanctions. How impactful will they be? We have yet to see a serious, data-driven analysis. Some predict the embargo will initiate a Russian financial collapse very quickly, while others expect it will constitute more of a long and slow drag on [...]