WPP Sticks to Guidance, But Cautions on Tariff Hit
WPP confirmed its guidance for 2025 after a start to the year that was slightly weaker than analysts expected, but cautioned on the impact of global tariffs on its clients and the economy.
WPP gets for Kantar sale boost with media arm disposal
WPP PLC (LSE:WPP) attempts to sell its stake in research group Kantar have seemingly been boosted by the US $1 billion sale of that business's market research arm. Kantar Media, which specialises i...
WPP's recent strength batted off as UBS doubles down on ‘sell' rating
WPP PLC (LSE:WPP)'s recent rebound has failed to shift sentiment at UBS, which doubled down on a ‘sell' rating for the advertising firm on poor prospects ahead. Though UBS upped WPP's share price t...
WPP shares inch higher on Kantar deal talks with Ipsos
WPP PLC (LSE:WPP) shares rose after it was confirmed that French market research giant Ipsos is in talks about potentially buying Kantar Media. WPP owns a 40% stake in Kantar.
WPP plc (WPP) Q3 2024 Earnings Call Transcript
WPP plc (NYSE:WPP ) Q3 2024 Earnings Conference Call October 10, 2024 4:30 AM ET Company Participants Mark Read – CEO Joanne Wilson – CFO Conference Call Participants Laura Metayer - Morgan Stanley...
WPP Returns to Growth, Beating Expectations
WPP reported a surprise rise in organic revenue for the third quarter, returning to growth after declines in previous quarters, as it benefited from higher spending among its bigger clients and a s...
WPP returns to quarterly growth but sees tougher quarter ahead
Advertising conglomerate WPP PLC (LSE:WPP) returned to growth in the past quarter with better revenues than expected, thanks to new wins with the likes of Amazon, Starbucks and Unilever. The FTSE 1...
Ad group WPP posts 0.5% rise in Q3 organic revenue
British ad group WPP reported a better-than-expected 0.5% rise in like-for-like organic revenue in the third quarter, with growth in North America, western continental Europe and India partly offse...
Advertising giant WPP's fortunes not as bad suggested, says Shore Cap
Shore Capital Markets has reiterated its buy rating on WPP PLC (LSE:WPP) ahead of the advertising giant's upcoming third-quarter trading update on 23 October. Analysts suggested that investors will...
WPP's risk/reward worth a look ahead of results - analyst
Citi has given WPP PLC (LSE:WPP) some marginal downgrades due to foreign exchange headwinds and the FGS disposal, but the advertising big cap's risk/reward profile still “tilts positively”, said an...
WPP jumps after winning business in Unilever's ad agency review
Shares in WPP PLC (LSE:WPP) topped the FTSE 100 leaderboard on Tuesday, climbing 2.3% in early trading, after major client Unilever concluded its global media review. The maker of Marmite, PG Tip...
WPP trims 3,000 roles to offset stagnant sales growth
Advertising giant WPP PLC (LSE:WPP) has trimmed its global workforce by 3,000 roles in the past year to reduce operating costs at a time when industry sales are failing to show momentum. According ...
WPP agrees to sell stake in FGS Global to KKR for $775 million
British ad group WPP on Wednesday agreed to sell its controlling stake in FGS Global to minority shareholder KKR for $775 million, implying an enterprise value for the financial PR agency of $1.7 b...
Ad group WPP names former BT boss Philip Jansen as new chair
WPP named former BT chief Philip Jansen as its new chair on Tuesday, succeeding Roberto Quarta at the world's largest advertising company.
WPP must show green shoots in second-quarter results
Multinational advertising giant WPP PLC (LSE:WPP)'s second-quarter results are due on 7 August, with analysts pinning hopes on signs of recovery following a dour 12 months. Advertising spend has be...
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