$24.770
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Noticias de WPP
Eventos de WPP
WPP Stock Rises 28.8% to $26.55
WPP is up 28.8%, or $5.94 to $26.55.
Company Expects Revenue to Decline in Second Half
The company said, "Following first half down 4.7%, like-for-like revenue less pass-through costs overall to decline low to mid-single digits in the second half; Headline operating profit margin expected to be 12% to 13%; Adjusted operating cash flow before working capital of GBP 800M-GBP 900M."
WPP Reports H1 Revenue of £6.373B
Reports 1H revenue GBP 6.373B vs GBP 6.663B last year. Cindy Rose OBE, Chief Executive Officer of WPP, said: "I am encouraged by our first-half performance which is in line with our expectations. While legacy account losses continue to weigh, Q2 saw a further sequential improvement in LFL growth, highlighting the momentum we are building across the company and demonstrating that our strategy to become the trusted growth partner for the world's leading brands is beginning to deliver. We are firmly on track with Phase 1 of our Elevate28 plan to stabilise the business. Our objective for the first half was to put in place the building blocks of the new organisational structure and this is now complete. We are successfully transitioning from a complex holding company to a single, integrated company - with four operating units across four regions, all underpinned by WPP Open, our agentic marketing platform, which enables and connects everything we do."
WPP Shares Rise 24.8% to $25.72
WPP is up 24.8%, or $5.11 to $25.72.
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