WEBVTT - WPP Rockets, Glanbia Jumps, Siemens Down 

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<v Speaker 1>Bloomberg Audio Studios, podcasts, radio news, The.

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<v Speaker 2>Stock Movers Report, your roundup of companies making moves in

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<v Speaker 2>the stock market, harnessing the power of Bloomberg Data.

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<v Speaker 3>Let's take a look at some of the stocks on

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<v Speaker 3>the move today here in you. I'm James Wilcock with

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<v Speaker 3>Karen Hecker, and we are joined as ever by Bloomberg

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<v Speaker 3>reporter Cloie Nelly Chloe. Let's start with Communications Group WPP.

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<v Speaker 3>I had to take a double take when I saw

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<v Speaker 3>some of the numbers there showing this morning, what is

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<v Speaker 3>driving this surge in the stock market.

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<v Speaker 4>Yeah, so this is really kind of probably seen as

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<v Speaker 4>a bit of a sigh of relief for huge sire

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<v Speaker 4>of relief actually from investors for WPP after the earnings

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<v Speaker 4>that came out this morning. If we look at the

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<v Speaker 4>broader context in which it reported, WPP has been really

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<v Speaker 4>struggling for years.

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<v Speaker 1>You know, it lost a lot of its clients to rivals.

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<v Speaker 4>It has been underperforming publicists, which is its biggest competitor,

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<v Speaker 4>for a while now.

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<v Speaker 1>And so the new CEO who.

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<v Speaker 4>Joined last year, Cindi Rows, had announced this big turnaround.

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<v Speaker 1>You know, she's streamlined the business, She's cut a lot

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<v Speaker 1>of the costs.

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<v Speaker 4>She's changed the structure of the company itself to be

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<v Speaker 4>kind of focused on four main units, and now it

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<v Speaker 4>seems that it is actually paying off, and so we

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<v Speaker 4>have first half profits coming in ahead of expectations, and

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<v Speaker 4>so that was seen as really a huge, huge relief

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<v Speaker 4>for investors in that gave that massive boost to the

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<v Speaker 4>shares this morning. And we can see now that this

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<v Speaker 4>kind of progress being made on a strategy.

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<v Speaker 1>It's not completely out of the woods.

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<v Speaker 4>Of course, there's still this weakness in the advertising market

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<v Speaker 4>to contend with. You know, when we've got this sort

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<v Speaker 4>of economic uncertainty, marketing budgets tend to be one of

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<v Speaker 4>the first things to go. So it's not like the

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<v Speaker 4>broader market is necessarily moving forward. But it seems that

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<v Speaker 4>WPP is making progress internally and so we are seeing

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<v Speaker 4>that really really drive the stock this morning.

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<v Speaker 5>Yeah, absolutely, WPPS seen thousands of job losses and yeah,

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<v Speaker 5>a real drive to kind of save costs and try

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<v Speaker 5>to change the business. Let's talk about the Irish dairy

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<v Speaker 5>producer Glanbia. Now I don't know this business, but it's

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<v Speaker 5>about the protein craze about which I do know quite

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<v Speaker 5>a lot. Or Lease is very evident, isn't it tell

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<v Speaker 5>us about this?

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<v Speaker 1>Yeah, absolutely so.

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<v Speaker 4>Glambia a dairy producer, but it's also mainly known now

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<v Speaker 4>for its protein powder, so it's got a protein powder

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<v Speaker 4>business and it is, as you said, really benefiting from

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<v Speaker 4>this protein craze. So it raises guidance this morning quite strongly,

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<v Speaker 4>and there's after doing particularly well in the performance nutrition

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<v Speaker 4>unit which makes those protein powders.

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<v Speaker 1>There's workout supplements.

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<v Speaker 4>Of course, we've seen this kind of growing appetite for

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<v Speaker 4>a protein recently, driven by both the sort of rising

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<v Speaker 4>uptake of weight loss drugs, but then also a kind

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<v Speaker 4>of general wellness trend, a general trend of wanting to

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<v Speaker 4>live a healthier, more active lifestyle. That's been a really

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<v Speaker 4>big boost to Glambia and to other companies like Applying Nutrition,

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<v Speaker 4>which is another business list in London, and it's really

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<v Speaker 4>forced also big food companies to sort of step up

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<v Speaker 4>and innovate in that area. So now you know, every

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<v Speaker 4>item in the supermarket seems to have the protein enhanced version.

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<v Speaker 4>It seems in you know, dan and Nesle have been

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<v Speaker 4>really at the forefront of this, developing all of these

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<v Speaker 4>new products, and Glambia is one of those kind of

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<v Speaker 4>lesser known companies that is still very much at the

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<v Speaker 4>heart of that protein graze.

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<v Speaker 1>Well, look at us, upbeat Europe. Everything's up.

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<v Speaker 3>Now we turned to German manufacturer Semens.

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<v Speaker 1>Why are they breaking that trend?

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<v Speaker 4>Chlowy, Yeah, so Semens at first counts, it looks really

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<v Speaker 4>positive for Semens.

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<v Speaker 1>You know, raises guidance this morning.

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<v Speaker 4>We had very strong demand from a data center customers.

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<v Speaker 4>There's been a recovery and demand from industrial customers for

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<v Speaker 4>things like factory automation software. But chas felt actually quite

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<v Speaker 4>a lot this morning, and that's just because investors.

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<v Speaker 1>Wanted a lot more from Semens.

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<v Speaker 4>The outlook raise was seen as maybe quite small and

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<v Speaker 4>less pronounced than some of its peers, like Schneider Electric,

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<v Speaker 4>for example, which had a big boost guidance earlier in

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<v Speaker 4>the earning season. But for Seemens, it seems that it

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<v Speaker 4>just needed to show that it had benefited even more

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<v Speaker 4>from this search in AI spending. And you know, once

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<v Speaker 4>again with this data center AI related sector, companies are

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<v Speaker 4>finding it very hard to reach those kind of sky

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<v Speaker 4>high expectations set by the market and often not even

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<v Speaker 4>an outlook race is enough.

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<v Speaker 1>And so Siemens is dealing with that.

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<v Speaker 2>Today the Stock Movers Report from Bloomberg Radio. Check back

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