WPP (WPP)

Sector:

Media

Index:

FTSE 100

812.60p
   
  • Change Today:
      8.40p
  • 52 Week High: 897.40
  • 52 Week Low: 681.20
  • Currency: UK Pounds
  • Shares Issued: 1,078.55m
  • Volume: 2,246,930
  • Market Cap: £8,764m
  • RiskGrade: 162

WPP Q1 revenues fall 1.4%; Guidance held

By Frank Prenesti

Date: Thursday 25 Apr 2024

LONDON (ShareCast) - (Sharecast News) - UK advertising agency WPP on Thursday said revenues fell 1.4% as it lost a healthcare client and spending by technology companies was cut back.
Revenue fell to £3.4bn for the first three months of the year. Guidance for flat to 1% growth this year, with a margin improvement of 20-40 basis points, was reiterated.

"We remain on track to return to growth in the balance of the year, supported by an encouraging new business pipeline and the strength of our business creatively and in media, both powered by new AI capabilities, while our simpler structure will drive organisational flexibility and stronger cash conversion," said chief executive Mark Read.

Reporting by Frank Prenesti for Sharecast.com

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

WPP Market Data

Currency UK Pounds
Share Price 812.60p
Change Today 8.40p
% Change 1.04 %
52 Week High 897.40
52 Week Low 681.20
Volume 2,246,930
Shares Issued 1,078.55m
Market Cap £8,764m
RiskGrade 162

WPP Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
75.51% above the market average75.51% above the market average75.51% above the market average75.51% above the market average75.51% above the market average
77.78% above the sector average77.78% above the sector average77.78% above the sector average77.78% above the sector average77.78% above the sector average
Price Trend
8.87% below the market average8.87% below the market average8.87% below the market average8.87% below the market average8.87% below the market average
2.13% above the sector average2.13% above the sector average2.13% above the sector average2.13% above the sector average2.13% above the sector average
Income
20.85% above the market average20.85% above the market average20.85% above the market average20.85% above the market average20.85% above the market average
50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average
Growth
95.02% below the market average95.02% below the market average95.02% below the market average95.02% below the market average95.02% below the market average
95.35% below the sector average95.35% below the sector average95.35% below the sector average95.35% below the sector average95.35% below the sector average

What The Brokers Say

Strong Buy 3
Buy 3
Neutral 8
Sell 2
Strong Sell 2
Total 18
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

WPP Dividends

  Latest Previous
  Final Interim
Ex-Div 06-Jun-24 12-Oct-23
Paid 05-Jul-24 03-Nov-23
Amount 24.40p 15.00p

Trades for 03-May-2024

Time Volume / Share Price
16:47 42,849 @ 812.54p
16:35 987,977 @ 812.60p
16:35 2,660 @ 812.60p
16:35 8,561 @ 812.60p
16:35 1,991 @ 812.60p

WPP Key Personnel

CEO Mark Read
CFO Joanne Wilson

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