Future Of British Business
Sorrell’s S4 Capital Audit Delay No Longer Down to Covid Impact
- Second time digital advertising firm postponed announcement
- On Wednesday S4 shares fell the most ever after statement
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S4 Capital Plc shares fell for a second day after Martin Sorrell’s digital advertising firm delayed publishing its annual results again, wiping about 1.2 billion pounds ($1.6 billion) in market value from the media company over the past two days.
On Wednesday S4 shares fell the most ever after again postponing the release of its 2021 preliminary results -- due Thursday -- because PriceWaterhouseCoopers was unable to complete the audit work on time.