Published on 23 Feb 2024 on Insider Monkey via Yahoo Finance
WPP plc (NYSE:WPP) Q4 2023 Earnings Call Transcript
WPP plc (NYSE:WPP) Q4 2023 Earnings Call Transcript February 22, 2024
WPP plc isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here).
Mark Read: Thank you very much and welcome everybody to WPP's Preliminary Results for 2023. I'm Mark Read. I'm joined here by Joanne Wilson, our CFO; and Tom Waldron, our Head of Investor Relations. So turning to the presentation, please take notice of our cautionary statements on Page 2. And for the meeting on Page 3, I'm just going to cover the highlights of our financial performance before Joanne takes through that in more detail. I'll then reiterate the strategy we laid out at the Capital Markets Day just over three weeks ago before taking questions. Turning to Page 5, the highlights. We had a resilient performance in 2023 with like-for-like growth of 0.9% and a headline operating margin of 14.8%, up 0.2% on a constant-currency basis showed excellent cost-control, and we are pleased to have continued margin progression this year.