S4 Capital plc (SCPPF)
- Simply Wall St.
S4 Capital (LON:SFOR) shareholders are up 31% this past week, but still in the red over the last three years
S4 Capital plc ( LON:SFOR ) has rebounded strongly over the last week, with the share price soaring 31%. But only the...
- Reuters
UPDATE 1-S4 Capital reports 25% drop in earnings after 'difficult' 2023
Martin Sorrell forecast another tough year for S4 Capital after the ad group's core earnings fell 25% in 2023, reflecting a reluctance from its tech-heavy clients to spend and few new business wins. Shares in S4 Capital, which hit 878 pence in September 2021, fell 11% to 40 pence in early deals on Wednesday, valuing the company at 230 million pounds ($290 million). S4 said its content business was hit in the second half by lower spending by tech clients, while trading in its data & digital media unit had deteriorated as the year had progressed, and growth in technology services had slowed significantly.
- The Telegraph
50,000 companies face collapse as ‘debt storm’ breaks
Tens of thousands of businesses are on the brink of collapse as higher borrowing costs and taxes pile pressure on the economy.
