WPP First Quarter Trading Update
WPP plc American Depositary Shares (WPP)
US:NYSE Investor Relations:
wpp.com/wpp/investor/financialnews
Company Research
Source: Business Wire
Q1 performance in line with expectations. 2024 guidance reiterated. Strong progress on strategic initiatives across Burson, GroupM and VML NEW YORK & LONDON--(BUSINESS WIRE)--WPP (NYSE: WPP) today reported its 2024 First Quarter Trading Update.Key figuresFirst Quarter£ million‘+/(-) %reported1‘+/(-) %LFL2Revenue3,412(1.4)2.1Revenue less pass-through costs2,687(5.0)(1.6)Q1 revenue -1.4%; LFL revenue +2.1%Q1 LFL revenue less pass-through costs -1.6% (Q1 2023: +2.9%) with growth in the UK and Western Continental Europe offset by declines in North America and Asia Pacific, which saw strong growth in India offset by a decline in ChinaGlobal Integrated Agencies revenue less pass-through costs declined 0.7%, with 2.4% growth in GroupM offset by a 3.3% decline at integrated creative agencies with the loss of assignments at a healthcare client and reduced spend at technology companiesNew client assignment wins from AstraZeneca, Canon, Molson Coors, Daiichi Sankyo, Nestlé, Perfetti, Perrigo,
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News
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WPP
Sec Filings
- 5/2/24 - Form 6-K
- 5/1/24 - Form 6-K
- 4/25/24 - Form 6-K
- WPP's page on the SEC website