logo
Plus   Neg
Share
Email

WPP Plc Affirms FY Guidance & Medium-term Outlook - Quick Facts

WPP plc (WPP.L,WPPGY) said, for 2019, the company continues to project: like-for-like revenue less pass-through costs down 1.5% to 2.0%, and headline operating margin to revenue less pass-through costs down around 1.0 margin point on a constant currency basis, excluding item.

The company's medium-term financial targets, to be achieved by the end of 2021, continues to be: organic growth in line with peers; and headline operating margin of at least 15%, excluding item.

Providing an update on the sale of a majority stake in Kantar, WPP plc said the process is progressing in line with its expectations.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
While reporting financial results for the second quarter, Johnson & Johnson (JNJ) on Tuesday maintained its adjusted earnings forecast for the full year 2019, while raising sales outlook. For fiscal 2019, the company maintained its outlook for adjusted earnings in the range of $8.53 to $8.63 per share.... Canada's new regulations that provide extra protection for airline passengers will kick in Monday, July 15. The new rules from the Canada Transportation Agency, which has received severe backlash from industry and consumer advocates, requires airlines to compensate passengers up to $2,400 if they... California-based Fieldsource Food Systems Inc. has recalled about 13,000 pounds of diced beef and chicken products due to misbranding and undeclared allergens. The company says the product contain wheat, a known allergen, but is not declared on the product label. The uncooked, marinated, diced beef...
Follow RTT