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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.
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AGM 2026 summary8 May, 2026

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.

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