Shares in advertising group WPP fell by nearly three percent on Thursday as the company cut its full-year outlook. In a revised outlook, the company revealed it was slashing its forecast of 3.5% growth to somewhere between 2.5% and 3%.
This is the second time that the group has revised its outlook in two months.
Sporting events such as the Olympics, Euro 2012 and the Paralympics have not driven revenues for the group as previous expected.