WPP PLC banner

Ergebniskonferenzen

Letzter Earnings Call

Geschäftsperiode
Q2 2026
Datum des Calls
6. Aug 2026
KI-Zusammenfassung
Q2 2026

On track: WPP said it is meeting the plan for 2026, with management emphasizing that the business is stabilizing and showing better leading indicators across new business, retention and execution.

H1 growth: Like-for-like revenue less pass-through costs fell 4.7% in the first half, in line with guidance, but the second quarter improved to a 2.8% decline from 6.7% in Q1.

Margins held: Headline operating margin improved to 8.4% in H1, helped by cost savings and lower severance, though management said margins should come under pressure in H2 as investment and incentives ramp up.

New business: WPP ranked #1 for net new business in H1 2026, supported by wins such as Estée Lauder, Jaguar Land Rover, Henkel, Airbnb and Coca-Cola-related work.

Outlook: Full-year guidance was maintained, with H2 like-for-like revenue expected to decline low to mid-single digits and full-year headline operating margin expected at 12% to 13%.

Wichtige Finanzkennzahlen
Like-for-like revenue less pass-through costs
-4.7%
Like-for-like revenue less pass-through costs
-2.8%
Headline operating profit
GBP 398 million
Headline operating margin
8.4%
Headline diluted EPS
15.1p
Adjusted operating cash flow pre-working capital
GBP 309 million
Adjusted free cash flow
GBP 730 million
Adjusted net debt
GBP 2.9 billion
Average adjusted net debt
GBP 3.3 billion
Net sales decline in Q2
-2.8%
WPP Media Q2 like-for-like decline
-2.8%
WPP Creative Q2 like-for-like decline
-4.9%
North America Q2 like-for-like decline
-4.3%
EMEA first-half like-for-like decline
-4.3%
Latin America first-half like-for-like decline
-1.2%
Asia Pacific first-half like-for-like decline
-3.8%
China first-half like-for-like growth
2.6%
CPG Q2 like-for-like decline
-6%
Technology Q2 like-for-like decline
-8.9%
Healthcare and auto
returned to growth in Q2
Top 25 clients
-6.3% in H1; -3.2% in Q2
Gross annualized cost savings
GBP 500 million
Non-core asset disposal proceeds
over GBP 200 million
XTEL value
more than GBP 100 million
Global ad spend forecast
8.9%
Enterprise Solutions revenue
$1.8 billion
Enterprise Solutions specialists
around 10,000
Bond debt
GBP 5.1 billion
Weighted average bond maturity
5.7 years
Average coupon rate
3.7%
Total available liquidity
GBP 4.1 billion
Committed RCF
$2.5 billion
Leverage
2.18x
Interim dividend
7.5p

Weitere Earnings Calls