ET 04:30

WPP Q3 Revenue Rises 0.5% to £3.27B, Reaffirms FY26 Margin Outlook

IMP5.0
SNT+0.1▲
CONF95%
Earnings

WPP plc (WPP, WPP.L) reported third-quarter revenue of £3.274 billion, up 0.5% year-over-year on both reported and like-for-like bases, and maintained its fiscal 2026 outlook. Revenue less pass-through costs fell 2% reported and 2.1% LFL to £2.411 billion. Global Integrated Agencies LFL revenue less pass-through costs declined 2.1%. WPP Media returned to growth at 0.3% and WPP Production rose 2.5%, while WPP Creative fell 5.1%. All regions declined: North America down 1.8%, EMEA 1.7%, APAC 4.3% and LATAM 1.2%. WPP continues to expect second-half LFL revenue less pass-through costs down low to mid-single digits, with the fourth quarter toward the better end of that range, and projects a fiscal 2026 headline operating margin of 12% to 13%. CEO Cindy Rose said the company is on track to deliver phase one of Elevate28.

ByTicklex Editorial