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

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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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