Wpp Plc (WPP) has released an update.
WPP Plc has reported its first quarter performance for 2024, which aligns with the company’s expectations and affirms their guidance for the year. The quarter saw a mixed geographical performance, with revenue growth in the UK and Western Continental Europe, but declines in North America and Asia Pacific. CEO Mark Read highlighted the strategic progress with AI initiatives, including the rollout of WPP Open and the integration of new AI tools, and a strong new business pipeline that supports the company’s outlook for returning to growth.
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