WPP.L - WPP plc

LSE - LSE Delayed Price. Currency in GBp
855.60
+4.40 (+0.52%)
At close: 4:35PM GMT
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Previous Close851.20
Open856.60
Bid850.00 x 593300
Ask870.00 x 208500
Day's Range852.60 - 860.70
52 Week Range818.00 - 1,474.00
Volume4,100,510
Avg. Volume5,769,463
Market Cap10.674B
Beta (3Y Monthly)1.13
PE Ratio (TTM)5.72
EPS (TTM)149.60
Earnings DateAug 21, 2018 - Aug 27, 2018
Forward Dividend & Yield0.60 (7.05%)
Ex-Dividend Date2018-10-04
1y Target Est1,103.96
  • Financial Times2 days ago

    [$$] M&G closes in on deal to buy FT building

    The Financial Times headquarters on the south bank of the river Thames is on the verge of being acquired by M&G as part of a deal that will see WPP, the advertising group, move into the building. The building at One Southwark Bridge, which has been occupied by the newspaper since 1989, had been due to be marketed in October. Talks between Pearson and buyers are in an advanced stage, two people said, adding that a preliminary agreement may be reached and announced as soon as this week.

  • Reuters5 days ago

    PRESS DIGEST- Financial Times - Nov 9

    The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines Martin Sorrell closes in on second deal since leaving WPP ...

  • Warren Buffett was keen on buying ad giant WPP, reveals Martin Sorrell
    Evening Standard11 days ago

    Warren Buffett was keen on buying ad giant WPP, reveals Martin Sorrell

    Advertising giant WPP could have been sold to Warren Buffett’s Berkshire Hathaway, it emerged today. Its ousted former chief executive Sir Martin Sorrell told a Campaign magazine event in London that a deal was discussed in 2012, but no price was agreed. Sorrell said Buffett “was really interested in WPP becoming part of Berkshire”.

  • Buffett, Sorrell Discussed Potential WPP Deal Six Years Ago
    Bloomberg11 days ago

    Buffett, Sorrell Discussed Potential WPP Deal Six Years Ago

    Berkshire Hathaway Inc.’s Warren Buffett and Martin Sorrell, former chief executive officer at U.K. ad giant WPP Plc, discussed a potential tie-up of the two companies in 2012, Sorrell said at a Campaign magazine event in London. Buffett “was really interested in WPP becoming part of Berkshire,” Sorrell said. Buffett and Sorrell were both interested in chatting “on an exploratory basis,” Buffett’s assistant, Debbie Bosanek, said in an email Thursday.

  • Ousted WPP Boss Sorrell Is Out for ‘Revenge’ With New Venture
    Bloomberg12 days ago

    Ousted WPP Boss Sorrell Is Out for ‘Revenge’ With New Venture

    After resigning from the world’s largest advertising group WPP Plc in April following allegations of misconduct, Sorrell said his new venture S4 Capital Plc intends to challenge the company he founded three decades ago. “The best form of revenge would be building a significant and successful new-era, new-format, new-approach agency,” Sorrell said at a Campaign magazine breakfast event in London, after criticizing WPP’s handling of the misconduct probe that led to his resignation. Sorrell has denied the misconduct allegations and questioned strategic decisions at WPP since he left.

  • Simply Wall St.17 days ago

    Here’s How P/E Ratios Can Help Us Understand WPP plc (LON:WPP)

    This article is intended for those of you who are at the beginning of your investing journey and want to learn about the link between company’s fundamentals and stock market Read More...

  • Moody's18 days ago

    Omnicom Finance Limited -- Moody's affirms Omnicom Capital Inc.'s Prime-2 short-term rating; outlook stable

    Moody's Investors Service ("Moody's") has affirmed Omnicom Capital Inc.'s ("Omnicom Capital") Prime-2 commercial paper rating. The rating outlook is stable. Following is a summary of ...

  • The Wall Street Journal19 days ago

    [$$] WPP Dives After World's No. 1 Ad Group Cuts Guidance

    Like much of the advertising world, WPP is wrestling with a shift to digital ads from print and TV, as well as tighter spending by clients with ad agencies and demand for new services such as data analytics. The British company, which owns agencies including J. Walter Thompson and Group M, said like-for-like net sales—a key measure of its operating performance—fell 1.5% for the quarter ended Sept. 30. Mr. Read had nudged up full-year net sales guidance last month only to lower it again Thursday, saying the measure would fall as much as 1%, rather than rise modestly.

  • Reuters19 days ago

    WPP shares plunge as ad group falls behind in post-Sorrell era

    WPP lost a fifth of its market value on Thursday after problems at its New York and London creative agencies forced it to cut sales and profit forecasts, showing the scale of the task facing its new boss after the acrimonious exit of founder Martin Sorrell. Mark Read, a softly-spoken veteran of the world's biggest advertising group, said turning around WPP would take time as he sells assets, halts acquisitions and brings in new talent at its storied agencies such as JWT, Ogilvy and Y&R. "We need to have stronger creative agencies," Read told Reuters.

  • Over on Madison Avenue, a Brutal Lesson Is Handed Out
    Bloomberg19 days ago

    Over on Madison Avenue, a Brutal Lesson Is Handed Out

    When someone gives you the ball just as you’re about to be clobbered by an opposing player. It’s an apt description for the challenge facing Mark Read, WPP Plc’s new CEO. Predecessor Martin Sorrell left him with a business that’s been far slower than competitors to adapt to the new realities of the ad world, where most new dollars are spent with Facebook Inc. and Google. Clients also want a business that’s better suited to their needs. WPP, with its sprawl of ad agencies, media-buying companies, marketers and public relations firms doesn’t yet seem as able as its peers to offer something coherent.

  • Over on Madison Avenue, a Brutal Lesson Is Handed Out
    Bloomberg19 days ago

    Over on Madison Avenue, a Brutal Lesson Is Handed Out

    When someone gives you the ball just as you’re about to be clobbered by an opposing player. It’s an apt description for the challenge facing Mark Read, WPP Plc’s new CEO. Predecessor Martin Sorrell left him with a business that’s been far slower than competitors to adapt to the new realities of the ad world, where most new dollars are spent with Facebook Inc. and Google. Clients also want a business that’s better suited to their needs. WPP, with its sprawl of ad agencies, media-buying companies, marketers and public relations firms doesn’t yet seem as able as its peers to offer something coherent.

  • WPP’s new broom tears into Sorrell as shares plunge 20%
    Evening Standard19 days ago

    WPP’s new broom tears into Sorrell as shares plunge 20%

    WPP shares crashed 20% on Thursday after new chief executive Mark Read revealed a weak third quarter and trashed the legacy of founder Sir Martin Sorrell. Sorrell, the sage of Soho who bestrode the ad market for decades and revelled in his reputation as a business guru, was forced out in an unseemly row about misuse of corporate funds, which included the alleged use of prostitutes. Sir Martin vehemently denied the claims and has set up a rival agency.

  • WPP shares plunge as ad group falls behind in post-Sorrell era
    Reuters19 days ago

    WPP shares plunge as ad group falls behind in post-Sorrell era

    WPP (WPP.L) lost a fifth of its market value on Thursday after problems at its New York and London creative agencies forced it to cut sales and profit forecasts, showing the scale of the task facing its new boss after the acrimonious exit of founder Martin Sorrell. Mark Read, a softly-spoken veteran of the world's biggest advertising group, said turning around WPP would take time as he sells assets, halts acquisitions and brings in new talent at its storied agencies such as JWT, Ogilvy and Y&R. "We need to have stronger creative agencies," Read told Reuters.

  • TheStreet.com20 days ago

    WPP Shares Plunge To Six-Year Low After Ad Giant Slashes Profit Outlook

    shares fell to a six-year low Thursday after it slashed its full-year profit outlook following a dismal third quarter as the world's biggest advertising group attempts to regroup following the ouster of its founder and former CEO Sir Martin Sorrell. WPP said full year operating margins would slide 100 basis points to 1.5% as net sales decline by 1% from 2017 following the loss of big-brand clients such as Ford Motor Co. F earlier this year. WPP also said long-serving finance direction Paul Richardson would step down and that the group would look to the sale of a stake in data analytics group Kantar while retrenching its merger ambitions in order to focus on organic growth.

  • The Wall Street Journal20 days ago

    [$$] WPP Cuts Full-Year Sales Guidance; Looks to Sell Kantar Stake

    As with its rivals, WPP is under pressure from increased competition from consulting firms, marketers cutting back on the fees they pay ad agencies and changes in consumer behavior. In Thursday’s statement, WPP confirmed it will seek to offload a stake in the underperforming Kantar Group in what would be the largest sale since Mr. Read took over as chief executive.

  • Reuters20 days ago

    WPP to say it is open to selling Kantar stake - source

    Advertising giant WPP (WPP.L) will announce on Thursday that it is open to selling a stake in its Kantar data analytics unit to a financial or strategic partner and has launched a process to do so, a person familiar with the matter said. The decision is the first major move by new boss Mark Read who is reviewing the group after he took charge in September following the abrupt departure of founder Martin Sorrell. The person familiar with the situation, who asked not to be named because the news is not public, said the company had reviewed Kantar and was open to selling a stake.

  • The Wall Street Journal20 days ago

    WPP to Sell Stake in Market-Research Business Kantar Group

    The company will say it “intends to retain a stake” in Kantar, according to one of the people. WPP had previously signaled that disposing of all or part of Kantar were options. WPP is seeking a strategic or financial partner in Kantar that can take a majority stake, according to a person familiar with the matter.

  • The Wall Street Journal21 days ago

    New WPP CEO Wants More Corporate Oversight of Agency Pitches

    has mandated that the company’s media agencies report to WPP any pitches that could generate a minimum of $20 million in revenue, increasing corporate oversight of the new-business process, according to people familiar with the matter. The change is meant to help WPP work with its media agencies to decide whether they should partner with other WPP units in such reviews, and ultimately reduce the amount of internal competition for marketers’ accounts, the people said.

  • Moody's22 days ago

    Omnicom Finance Limited -- Moody's affirms Omnicom's Baa1 senior unsecured and Prime-2 short-term ratings; outlook stable

    Moody's Investors Service ("Moody's") has affirmed Omnicom Group, Inc.'s ("Omnicom" or the "company") Baa1 senior unsecured and Prime-2 commercial paper ratings. ....Outlook, Remains Stable ..Issuer: Omnicom Group, Inc. ....Outlook, Remains Stable Affirmations: ..Issuer: Omnicom Group, Inc.

  • How to Get Ahead in Advertising? Drastic Measures
    Bloomberg26 days ago

    How to Get Ahead in Advertising? Drastic Measures

    The health division, which manages drug sales representatives, isn’t in what most would consider to be Publicis’s core advertising business and contributes a mere 250 million euros ($288 million) of annual revenue. Mark Read, Sorrell's successor at WPP, is playing catch-up as he reviews the company’s sprawling portfolio.

  • WPP 'in advanced talks' to buy Financial Times HQ on London's South Bank for £93m 
    The Telegraph28 days ago

    WPP 'in advanced talks' to buy Financial Times HQ on London's South Bank for £93m 

    WPP is on the verge of buying the headquarters of the Financial Times on London’s South Bank for a reported £93m in the latest sign of new boss Mark Read’s attempts to stamp his mark on the marketing giant.