Ad group S4 Capital flags annual profit miss on cautious spending by clients
24/11/2025 07:21
Nov 24 (Reuters) - Martin Sorrell's advertising group S4 Capital SFOR.L warned that its annual operational core profit would fall below market expectations on Monday, hurt by cautious spending by its clients and a slow ramp-up of new business wins and revenues. It is now targeting annual operational earnings before interest, taxes, depreciation, and amortization of about 75 million pounds ($98.26 million), compared with analysts' consensus of 81.6 million pounds, according to the company. ($1 = 0.7633 pounds) (Reporting by Nithyashree R B in Bengaluru; Editing by Rashmi Aich) ((NithyashreeRB@thomsonreuters.com))