More mergers on the horizon in 2017 as WPP AUNZ chases growth
WPP AUNZ will announce more mergers in the coming months as the business prepares to drive growth in its second year of operation, according to chief executive Mike Connaghan.
WPP AUNZ was officially created in April last year after WPP took a majority 61% stake and merged with STW Communications. In its first full year results, WPP AUNZ grew net sales by 1.2% to total $865 million and increased pre-tax profit by 3.5% to $141.6 million.
The results capped off a year littered with changes as the business sought to appoint new leadership teams, launch new divisions and create Read full story ›
Source: The Drum
