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Sorrell's S4 Capital cuts annual forecast again on deepening caution among clients

Sept 15 (Reuters) - Martin Sorrell's ad group S4 Capital on Monday cut its annual forecast for the second time this year after flagging continued caution among clients limiting marketing spend amid ongoing economic uncertainty.

The company said it expects its annual like-for-like net revenue to be down by mid-single digits from an earlier forecast of low-single-digit decline.

 (Reporting by DhanushVignesh Babu in Bengaluru; Editing by Rashmi Aich)

 ((DhanushVignesh.Babu@thomsonreuters.com;))

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