WPP plc (UK) (GB:WPP) has released an update.
WPP plc reported a slight decline in revenue for Q1 2024, with like-for-like revenue up by 2.1%, though revenue less pass-through costs decreased by 1.6%. Despite mixed regional performance, with growth in the UK and Western Europe but declines in North America and Asia Pacific, the company is on track with strategic initiatives including AI investments, with notable client wins and reaffirmed guidance for the year. WPP emphasized its commitment to creative transformation and efficiency to drive future financial returns.
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