S4 Capital plc (SCPPF)
- The Telegraph
Ad land faces job crunch as companies scale back spending
Ad land is facing a deepening job crunch following a sharp drop in vacancies.
- 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.
