WPP Plc. - ADR Stock News

WPP plc's margin improvements are overshadowed by enduring macroeconomic issues in China, leading to weaker-than-expected Q4 results and flat to negative revenue guidance for 2025. The competitive landscape is intensifying with the IPG-Omnicom merger, and WPP's own consolidations are limited in providing further cost savings. Despite some net new business growth and revenue increases from top c...

WPP PLC has seen its share price target slashed by Deutsche Bank analysts after disappointing with guidance in results on Thursday. Though a ‘buy' rating was reiterated, Deutsche took the advertising firm's price target from 1,035p to 875p.

WPP plc (NYSE:WPP ) Q4 2024 Results Conference Call February 27, 2025 4:30 AM ET Company Participants Mark Read - CEO Joanne Wilson - CFO Brian Lesser - CEO, GroupM Conference Call Participants Adam Berlin - UBS Adrien de Saint Hilaire - Bank of America Steve Liechti - Deutsche Numis Joseph Thomas - HSBC Mark Read So, good morning, everyone, and thank you for joining us in Sea Containers today ...

U.S.-listed shares of WPP Plc (WPP) sank 15% Thursday when the giant advertising firm's revenue declined and it gave soft guidance as North America and China sales slid.

There have been a string of consumer-focused companies that have issued guidance that investors found disappointing.

NEW YORK & LONDON--(BUSINESS WIRE)--WPP (NYSE: WPP) today reported its 2024 Preliminary Results. Key figures (£m) 2024 +/(-) % reported1 +/(-) % LFL2 2023 Revenue 14,741 (0.7) 2.3 14,845 Revenue less pass-through costs 11,359 (4.2) (1.0) 11,860           Reported:         Operating profit 1,325 149.5   531 Operating profit margin3 9.0%     3.6% Profit before tax 1,031 198.0   346 Diluted EPS (p...

WPP PLC (LSE:WPP) shares plunged 18% to 634p as the advertising and marketing giant reported a lower top line for last year as client budgets remain constricted, leading it to predict that growth will not return in 2025. Reported revenue for the 2024 came in at £14.7 billion, down 0.7%, but up 2.3% on a like-for-like basis.

Ad group WPP reported a worse-than-expected decline in organic revenue after a disappointing final quarter when it was hit by weaker client discretionary spending and said it had to be cautious about 2025, sending its shares sharply lower.