Earnings ·
WPP reports Q3 revenue of £3,274m and reiterates FY margin guidance of 12% to 13%
WPPGFWPP plc
WPP plc reported third-quarter revenue of £3,274 million, a 0.5% increase year-over-year on both a reported and like-for-like basis. Revenue less pass-through costs declined 2.1% like-for-like to £2,411 million. Year-to-date revenue fell 2.8% to £9,647 million. The company reiterated its full-year guidance, expecting like-for-like revenue less pass-through costs to decline in the low to mid-single digits for the second half of 2026 and maintaining a headline operating margin target of 12% to 13%. Adjusted operating cash flow before working capital is anticipated between £800 million and £900 million. WPP operates as a global communications business providing advertising, media planning and buying, public relations, and corporate communications services.