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Stock impact report

WPP First Quarter Trading Update [Yahoo! Finance]

WPP plc American Depositary Shares (WPP) 
US:NYSE Investor Relations: wpp.com/wpp/investor/financialnews
Company Research Source: Yahoo! Finance
NEW YORK & LONDON, April 25, 2024 BUSINESS WIRE )--WPP (NYSE: WPP) today reported its 2024 First Quarter Trading Update. Key figures First Quarter £ million ‘+/(-) % reported ‘+/(-) % LFL Revenue Revenue less pass-through costs 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 China Global 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 companies New client assignment wins from AstraZeneca, Canon, Molson Coors, Daiichi Sankyo, Nestlé, Perfetti, Perrigo, Rightmove and Telefónica. Q1 net new billings of $0.8bn (Q1 2023: $1.5bn) Strong progress on the strategic initiativ Show less Read more
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