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Pin to quick picksWPP Share News (WPP)

Share Price Information for WPP (WPP)

London Stock Exchange
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Share Price: 744.40
Bid: 741.60
Ask: 742.00
Change: -19.60 (-2.57%)
Spread: 0.40 (0.054%)
Open: 763.20
High: 763.20
Low: 740.60
Prev. Close: 764.00
WPP Live PriceLast checked at -

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Upbeat WPP posts record profit of £1.5bn

Mon, 09th Mar 2015 07:11

WPP, the world's biggest advertising company recorded a £1.5bn annual profit in 2014 and kicked off 2015 on a strong note.For the full year, WPP grew pre-tax profits by 12% to £1.45bn on reported revenue of £11.53bn, which was up 4.6% year over year.The group also posted a 3.3% rise in comparable net sales and said its margin rose 0.3 percentage points, in line with targets.WPP said it continues to benefit from consolidation trends in the industry, "winning assignments from existing and new clients, including several very large industry-leading advertising, digital, media, pharmaceutical and shopper marketing assignments, which partly benefitted the latter half of 2014, but the full benefit of which will be seen in group revenue in 2015".The group also said it's feeling upbeat over 2015, saying it had a robust start of the year with like-for-like revenues rising 6.7% in January.As such, WPP said like-for-like net sales in January were up 3.9%, ahead of the 3.3% growth it recorded for the full 2014 year amid resilience in all of its markets with North America and Britain being star performers.Strong growth was driven by advertising, media investment management, branding and identity, healthcare and specialist communications.As such, WPP is paying a dividend this year of 38.2p a share, up 11.7% from last year."2015 looks to be another demanding year, although a weaker UK pound against a stronger US dollar would provide a modest currency tailwind and positive impact on profits, unlike the fierce currency headwind in 2014," added WPP.
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TOP NEWS: WPP swings to profit in 2021; will continue share buybacks

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24 Feb 2022 07:47

WPP experiences 'very strong growth' in 2021

(Sharecast News) - Advertising giant WPP said on Thursday that it had experienced "very strong growth" throughout 2021, driven by demand for digital services, e-commerce, and technology and an "exceptional" new business performance.

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22 Feb 2022 16:22

WPP buys influencer marketing company Village Marketing

(Sharecast News) - Advertising giant WPP has bought influencer marketing company Village Marketing for an undisclosed sum.

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22 Feb 2022 16:19

IN BRIEF: WPP acquires influencer marketing agency in US

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17 Feb 2022 16:08

UK earnings, trading statements calendar - next 7 days

Friday 18 February  
NatWest Group PLCFull Year Results
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Segro PLCFull Year Results
TBC Bank Group PLCFull Year Results
Monday 21 February 
Bank of Cyprus Holdings PLCFull Year Results
Dechra Pharmaceuticals PLCHalf Year Results
Finsbury Food Group PLCHalf Year Results
Sylvania Platinum LtdHalf Year Results
Tristel PLCTrading Statement
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Bank of Georgia Group PLCFull Year Results
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Coca-Cola HBC AGFull Year Results
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HSBC Holdings PLCFull Year Results (at 0400 GMT)
InterContinental Hotels Group PLCFull Year Results
Oxford Cannabinoid Technologies Holdings PLCHalf Year Results
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