WPP raises net sales outlook again on strong client spending

LONDONWPP, the world’s largest promoting group, upgraded its full-year internet gross sales outlook on Friday because it expects sturdy spending by shoppers throughout many industries in america and Europe.

WPP now expects like-for-like internet gross sales to develop 6%-7% in 2022, up from an already upgraded forecast of 5.5-6.5%, it mentioned in a press release.

Web gross sales within the first half of 2022 jumped 12.5% to five.5 billion kilos ($6.7 billion), it added.

($1 = 0.8233 kilos)

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