Overview
- WPP reported a 2.7% like-for-like revenue decline to £2.48 billion in Q1 2025, with total revenue falling 0.7% to £3.23 billion.
- The company maintained its full-year guidance of up to a 2% revenue decline, citing ongoing macroeconomic pressures and cautious client spending.
- WPP acquired Infosum to enhance its AI-driven targeting and data capabilities, with 60% of client-facing staff now using its WPP Open platform.
- Momentum is growing at merged agencies Burson and VML, which secured new contracts with major clients like Heineken and Levi’s in Q1.
- CEO Mark Read cautioned that global trade tariffs could indirectly impact clients’ strategies and ad spend, further complicating market conditions.