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Evening Standard
Evening Standard
Holly Williams

S4 Capital shares bounce back on less gloomy outlook

S4 Capital Martin Sorrell
Shares in the advertising group, founded by Sir Martin Sorrell, surged by up to 44% in early trading on Monday (Jonathan Brady/PA) - (PA Archive)

Sir Martin Sorrell’s advertising group S4 Capital has seen shares rebound after revealing full-year revenue declines were not as bad as first feared.

The firm – founded by former WPP boss Sir Martin – confirmed full-year trading was ahead of previous gloomy guidance, with like-for-like net revenues now expected to have fallen by about 8.5%.

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