If concluded, we believe the merger would add significant value to shareholders. |
In light of the confident outlook statement and the fact that the 2005 results were approximately 4 percent ahead of consensus, we believe an upgrade is likely following this morning's meeting. |
The group is trading well. The group has robust organic growth prospects. |
These are excellent results in a challenging broadcasting environment. The impact of weaker television advertising has been offset by cost savings. |
This is disappointing, as we believe the logic for combining the two businesses is compelling. |
WPP has delivered strong preliminary results, ahead of our forecasts and the consensus. We expect to upgrade following this morning's meeting. |
WPP has delivered strong preliminary results. |