WPP Core Profits Fall Below Expectations Due to Impairments

Thursday, 22 February 2024, 08:11

In the latest financial report, WPP's full-year core profit failed to meet expectations, impacting the company's performance. The advertising group anticipates a modest like-for-like revenue growth in 2024 and aims for accelerated and more profitable growth in the coming years. Despite the challenges, WPP remains confident in its long-term prospects.

https://store.livarava.com/967496b8-d15c-11ee-b891-5254a2021b2b.jpe — WPP Core Profits Fall Below Expectations Due to Impairments

WPP Core Profits Update

WPP's full-year core profit slightly missed expectations and the advertising group guided for like-for-like revenue growth in 2024 of 0% to 1%. The company expressed confidence in achieving accelerated and increasingly profitable growth over the medium term.

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WPP Core Profits Update

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