Company
WPP PLC
LON:WPP
WPP is one of the world's largest communications services groups. We are made up of leading companies in: Advertising; Media Investment Management; Information, Insight & Consultancy; Public Relations & Public Affairs; Branding & Identity; Healthcare Communications;Direct, Promotion & Relationship Marketing; Specialist Communications
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Can ad group WPP arrest its slump?
WPP has already downgraded its growth targets for the full year
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FTSE 100 Live: Stocks end tough week in positive fashion
London's blue-chips have been given a lift by gains on Wall Street
WPP-backed FGS Global valued at £1.4bn as KKR moves in for stake
Private equity group KKR is expected to buy a 30% stake in WPP's financial communications firm FGS Global
WPP lifts full-year revenue guidance after 'strong momentum' in third quarter
Net new business won totalled US$1.7bn in the third quarter and US$5.1bn in the year to date, the advertising giant said
WPP results to open window to global ad budgets
At its interims the FTSE 100 group said adjusted sales are expected to rise 6-7% this year, up from April's growth guidance for 5.5-6.5%,
WPP to buy European ecommerce consultancy Newcraft for undisclosed sum
The Dutch-based company’s clients include airline KLM, Yakult, and the world-famous Rijksmuseum
WPP drops despite jump in profit, dividend and guidance
The global creative group reported 10.2% jump in revenue to £6.75bn in the first half of 2022
Outlook remains positive for WPP ahead of half-year results
Positive progress across all sectors in the first quarter provides strong basis for growth
WPP to buy Latin American ecommerce agency Corebiz; deal underscores advance of adtech
For WPP, one of Corebiz’s attractions is its expertise in Vtex technologies already used by many WPP clients
WPP reports 'fastest organic growth for over 20 years’ in 2021
WPP sticks to mid-term guidance and said will accelerate buy backs
WPP completes fourth acquisition of 2021
WPP has acquired over 80 companies across its 50 years of operating, mostly under previous boss Sir Martin Sorrell
WPP raises full-year guidance again after third-quarter revenue beats forecasts
The world's biggest advertising group now expects like-for-like revenue less pass-through costs to grow by 11.5%-12% in 2021, up from its August forecast of 9%-10%
WPP acquires agency specialising in artificial intelligence
Combining machine learning and optimisation, Satalia builds technologies "that help clients transform their business strategies and radically improve operational efficiency"
WPP hikes dividend and lauches buybacks as ad industry growth returns faster than expected
GroupM division now forecasts the global advertising industry will grow 19% this year, having shrunk 6% in 2020
WPP upgraded by Credit Suisse on ad market recovery, but S4 Capital is better bet
Structural concerns could take a back seat for some time as government stimulus and recovery in some pandemic-impacted sectors such as travel, telecom, media & entertainment and retail kick in, the analysts said
WPP enjoys strong start to year, says corporate marketing spend shows resilience
New marketing assignments from Absolut, JP Morgan Chase and Salesforce contributed to US$1.3bn of net new business won in the first quarter
WPP reveals £3.1bn of impairments as it dives into the red
The impairment charge, which included a £2.8bn of goodwill associated with previous acquisitions, is a non-cash item. Meanwhile, net debt was reduced to a 16-year low
WPP sees 2022 as restart of growth for ad group
Earnings are forecast to rise by double-digits over the next three years.
WPP makes offer to buy rest of Down Under arm
The price offered for the business is a premium of just over a third to Friday’s closing price
WPP sales decline improves, though not in China
The marketing giant said it expected to be towards the upper end of its £700-800mln cost reduction target for the year
Is WPP a buy? Not according to one leading bank
The advertising and marketing giant did, however, show its resilience after posting better than expected second-quarter results
WPP restarts dividend on assumption worst of the economic turmoil is over
Impairments meant a £2.6bn loss in the first half of the year
Goldman Sachs upgrades WPP to ‘buy’ from ‘neutral’ after highlighting client wins in May
The ad agency was at the top of the sector league table in May, and in the year-to-date, with wins of 0.1% and 0.9% worth of 2019 revenues, respectively, the US bank's analysts said
Advertising industry set for V-shaped recovery to boost WPP and ITV, say Citi analysts
There is scope for a “mildly less severe downturn” than the market fears in the short term, the Citi analysts reckon, with a pick-up in revenue into the back half of the year
WPP revenue drops by 10% in March as coronavirus pandemic affects all areas
WPP has already suspended its 2019 dividend and share buyback programme.
WPP shelves buyback and dividend as ad cancellations stack up
The marketing conglomerate said “activity has begun to decline” and it has “less certainty over our future pipeline”
WPP whipped as transformation fails to prevent year-end slump
Revenues were up 1.4% on the previous year, but this was mostly from currency swings, while underlying profits fell 5.3%
WPP maintains expectations of full-year decline despite returning to growth in Q3
The media giant is still expecting LFL revenues to decline between 1.5-2% this year as it continues efforts to streamline its business model
Archive
FTSE 100 closes slightly in red as Brexit uncertainty rumbles on
The Footsie closed the day down 3.78 points at 7,324.47. But over the week as a whole, the UK's top share index went higher, adding around 2.4%
Archive
WPP expectations low after rival's warning; Barclays to deliver Q3 update
The media giant has had a tough time recently, reporting a 44% plunge in first-half profits this year, while its shares have dropped around 50% since 2017
Sainsbury's loses Argos boss to WPP
WPP says Rogers will help to "foster investment in creativity, technology, and talent" as the ailing advertiser kick-starts growth