WPP’s stock drops 6.7% after CEO Martin Sorrell resigned

WPP expects flat revenue and sales in 2018

WPP PLC (WPP.LN), the world’s largest advertising company, reported its results for 2017 on Thursday. Here’s what you need to know: REVENUE: The London-based company generated revenue of 15.27 billion pounds ($21.13 billion), a rise of 6.1% from GBP14.39 billion in 2016. This beat a consensus forecast of GBP14.02 billion, based on estimates by 25 analysts polled by FactSet.

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