WPP plc (WPP)
| Market Cap | 10.37B |
| Revenue (ttm) | 18.79B |
| Net Income (ttm) | 139.75M |
| Shares Out | 215.61M |
| EPS (ttm) | 0.63 |
| PE Ratio | 76.37 |
| Forward PE | 8.61 |
| Dividend | $2.45 (5.09%) |
| Ex-Dividend Date | Jun 7, 2024 |
| Volume | 360,415 |
| Open | 47.91 |
| Previous Close | 47.77 |
| Day's Range | 47.60 - 48.28 |
| 52-Week Range | 41.13 - 60.05 |
| Beta | 1.13 |
| Analysts | Hold |
| Price Target | n/a |
| Earnings Date | Feb 22, 2024 |
About WPP
WPP plc, a creative transformation company, provides communications, experience, commerce, and technology services in North America, the United Kingdom, Western Continental Europe, the Asia Pacific, Latin America, Africa, the Middle East, and Central and Eastern Europe. The company operates through three segments: Global Integrated Agencies, Public Relations, and Specialist Agencies. It offers marketing strategy, creative ideation, production, commerce, influencer marketing, social media management, and technology implementation services; media... [Read more]
Financial Performance
In 2023, WPP plc's revenue was 14.84 billion, an increase of 2.88% compared to the previous year's 14.43 billion. Earnings were 110.40 million, a decrease of -83.83%.
Financial numbers in GBP Financial StatementsNews
WPP looks to AI to boost bottom line following collapse in advertising giant's profits
Advertising giant WPP on Thursday outlined plans to use artificial intelligence to increase its profitability after reporting a collapse in its profits for the full-year 2023.
WPP 2023 Preliminary Results
NEW YORK & LONDON--(BUSINESS WIRE)--WPP (NYSE: WPP) today reported its 2023 Preliminary Results. Key figures £m 2023 +/(-) % reported1 +/(-) % LFL2 2022 Revenue 14,845 2.9 3.2 14,429 Revenue less pass...
WPP Profits Hurt by Impairments
WPP's full-year core profit slightly missed expectations and the advertising group guided for like-for-like revenue growth in 2024 of 0% to 1%, adding that it was confident of delivering accelerated a...
WPP Capital Markets Day 2024
NEW YORK & LONDON--(BUSINESS WIRE)--WPP (NYSE: WPP) is today announcing the next phase of its strategy to capture the opportunities offered by AI, maximise the potential of creative transformation and...
WPP's revenue less pass-through costs grew 0.9% in 2023
British advertising group WPP said its revenue less pass-through costs grew 0.9% last year, and it expects at best a similar result in 2024, with a small increase in its operating profit margin of 20 ...
WPP gets double-downgrade to sell at UBS
Ad agency WPP got a double-downgrade, to sell from buy, at UBS, which argues organic sales growth will be below consensus and below the sector for both this year and the medium term, and that free cas...
WPP is considering sale of stake in Bain's Kantar-source
WPP is considering the sale of its 40% stake in Kantar, a person with knowledge of the situation said, which could be valued at up to $8 billion including debt.
BT chief Jansen approached about WPP chairmanship, Sky News reports
BT Group's outgoing boss Philip Jansen has been approached about becoming the next chair of advertising group WPP , replacing Roberto Quarta, Sky News reported on Monday.
Inside WPP's volatile 2023
WPP issued two profit warnings this year amid a slowdown in ad spending from its tech clients. The company has been undergoing a massive transformation that has involved merging agencies.
Jon Iwata, 35-Year IBM Veteran and Founding Executive Director of Yale School of Management's Data & Trust Alliance, to be Awarded the Harold Burson Award at PRSA-NY 2023 Big Apple Awards
NEW YORK , Nov. 2, 2023 /PRNewswire/ -- The New York Chapter of the Public Relations Society of America ( PRSA-NY) has announced that Jon Iwata, IBM marketing and communications veteran and founding ...
WPP issues second profit warning of 2023 as tech sector trims ad spending
WPP, one of the world's biggest advertising groups, delivered its second profit warning of the year after activity in China stuttered and companies in the technology sector reduced spending.
WPP Third Quarter Trading Update
NEW YORK & LONDON--(BUSINESS WIRE)--WPP (NYSE: WPP) today reported its 2023 Third Quarter Trading Update. £m % reported1 % LFL2 Third Quarter Revenue 3,508 ...
WPP cuts full-year outlook again as tech clients rein in spend
WPP , the world's largest ad group, cut its outlook for the second quarter in a row on Thursday, saying it now expected like-for-like growth this year to be 0.5-1.0%, as big tech client continued in r...
Current and ex-employees at WPP-owned media agency detained in China - sources
Four people linked to WPP-owned media agency GroupM have been questioned by authorities in Shanghai, according to two people with knowledge of the matter.
Advertising group WPP to merge two major creative agencies
WPP , the world's biggest advertising group, said on Tuesday it will combine two of its major creative agencies Wunderman Thompson and VMLY&R to simplify its business.
Conrad Persons Named President of Grey London
Creative Entrepreneur and Growth Strategist appointed UK Leader for Grey Group LONDON, Sept. 27, 2023 /PRNewswire/ -- Grey London has appointed Conrad Persons as its new President.
WPP Launches ‘Screaming Creativity' Podcast Series Hosted by Chief Creative Officer Rob Reilly
NEW YORK--(BUSINESS WIRE)--WPP (NYSE: WPP) today announces the launch of a new video podcast series hosted by WPP's Chief Creative Officer, Rob Reilly. Titled ‘Screaming Creativity', the podcast will ...
WPP share price plot thickens as S4 Capital woes mount
WPP (LON: WPP) share price drifted downwards on Monday after the relatively weak results by S4 Capital. The stock retreated to a low of 760p, down from last week's high of 778.6p.
WPP's Gain Theory Named a Leader in Marketing Measurement and Optimization by Global Independent Research Firm
NEW YORK--(BUSINESS WIRE)--WPP's Gain Theory Named a Leader in Marketing Measurement and Optimization by Global Independent Research Firm.
WPP and Optimizely Partner to Bring Informed Digital Experiences to Brands and Consumers
NEW YORK--(BUSINESS WIRE)--WPP (NYSE: WPP) today announced the launch of a global strategic partnership with Optimizely, one of the industry's leading digital experience (DXP) platform providers. As W...
Ad giant WPP trims full-year guidance citing U.S. tech companies
Shares of WPP PLC (LON: WPP) were weighed on Friday after the advertising giant trimmed its guidance for the full year. Why did WPP lower its outlook?
Amazon Is One Thing. But This Stock Market Bellwether Is Flashing Red for U.S. Tech.
Results from advertising behemoth WPP reveal a slowdown in spending from clients in the U.S. technology sector. It could be an early sign.
WPP 2023 Interim Results
NEW YORK & LONDON--(BUSINESS WIRE)--WPP (NYSE: WPP) today reported its 2023 Interim Results. Key figures £m H1 2023 +/(-) % reported1 +/(-) % LFL2 H1 2022 Revenue 7,221 6.9 3.5 6,755 Revenue less pass...
WPP CEO says advertisers taking a 'wait and see' stance on Musk's X rebrand
Brands are taking a "wait and see" approach to advertising on social media platform X, the new name for Twitter, until they can understand where owner Elon Musk is taking the company, the CEO of ad gr...
WPP Slashes Sales Forecasts As North American Tech Firms Cut Spending
Falling tech spending in the USA prompted the FTSE 100 firm to cut its like-for-like sales estimates for 2023.