GroupM ahead of other holding companies in recouping Covid losses

Company CFO John Rogers told analysts on an earnings call today that GroupM made up a lot of its revenue shortfall in Q2, when the media arm was down close to 18%, in Q3, when it narrowed the decline to between 3% and 4%.” Xaxis rubberbanded nicely, plus WPP Real Estate is looking at divesting 10-20% of holdings.

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