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New WPP boss Mark Read has 'work cut out' as pre-tax profit drops 6.7%

Markets.com chief market analyst Neil Wilson discusses WPP PLC’s (LON:WPP) interim results which saw 0.3% growth in like-for-like revenue and a drop in pre-tax profit of 7.4% to £735mln.

Wilson also talks Redrow plc (LON:RDW) which raised its full-year dividend by 65% after achieving record results as low interest rates and the government’s Help to Buy scheme supported demand.

Quick facts: WPP PLC

Price: 853.8 GBX

LSE:WPP
Market: LSE
Market Cap: £10.46 billion
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