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WPP (WPP) investor relations material
WPP AGM 2026 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Opening remarks and agenda
Chair welcomed shareholders, confirmed quorum, and introduced Board and executive team, highlighting recent leadership transitions and strategic review completion.
Meeting structure included business performance update, strategy presentation, and outlined strategic focus for 2026.
Board and executive committee updates
Cindy Rose appointed CEO in July 2025, succeeding Mark Read; Andrew Scott retired as COO.
Peter Agnefjäll to join as non-executive director in May 2026, bringing expertise in customer-centric transformation.
Anne-Isabelle Choueiri appointed Chief Transformation Officer and Mark Taylor as Chief People Officer.
Board skill set under ongoing review to align with future needs.
Financial performance review
2025 like-for-like revenue/net sales fell 5.4% due to client losses and cautious spending.
Headline operating margin was 13%, down 180 basis points; diluted EPS GBP 0.632, down 28.4%.
Adjusted operating cash flow before working capital was GBP 1,189m.
Full-year dividend for 2025 was GBP 0.15, down from GBP 0.394 in 2024.
Q1 2026 net sales down 6.7% like-for-like, exceeding market expectations and improving on Q4.
- Q1 2026 net revenue fell 8.9%, but new business and strategic actions support H2 recovery.WPP
Q1 2026 TU28 Apr 2026 - Revenue, profit, and EPS fell with margin pressure, but transformation aims to restore growth.WPP
H2 2025 & Strategy update27 Feb 2026 - Margins up, AI investment strong, and dividends stable despite revenue decline.WPP
AGM 20253 Feb 2026 - H1 2024 net sales fell 1.0% LFL, margin held at 11.5%, and FGS Global stake sale to KKR announced.WPP
H1 20242 Feb 2026 - Q3 growth led by GroupM and new wins; guidance held as FGS Global sale reduces leverage.WPP
Q3 2024 TU19 Jan 2026 - Full-year net sales now seen down 3%-5%, with H2 margin improvement expected.WPP
Trading Update8 Jan 2026 - Margin rose to 15% despite a 1% revenue decline; 2025 outlook is cautious.WPP
H2 20246 Jan 2026 - Q1 revenue less pass-through costs fell 2.7% LFL, but guidance and AI strategy remain strong.WPP
Q1 2025 TU29 Nov 2025 - Revenue and margins declined in H1 2025, with AI investment and cost actions ongoing.WPP
H1 202523 Nov 2025
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