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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.

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