WPP releases transcript of 2026 interim results webcast and conference call

Reuters2026/08/07 09:59

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WPP published the transcript of its 2026 interim results webcast and conference call attended by CEO Cindy Rose, CFO Joanne Wilson, IR head Thomas Singlehurst.
H1 like-for-like net sales fell 4.7%; Q2 improved to -2.8% from -6.7% in Q1; headline operating margin rose to 8.4%.
Full-year guidance maintained: H2 like-for-like net sales down low- to mid-single digits; headline operating margin 12%-13%; adjusted operating cash flow pre-working capital GBP 800 million-900 million.
Management expects H2 margins down as much as 200 bps year-on-year as incentives rebuild and growth investment steps up; 2026 flagged as profit low point.
Cost program targets GBP 100 million in-year savings in 2026; more than 15 non-core disposals seen generating at least GBP 200 million cash, net of tax.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. WPP plc published the original content used to generate this news brief on August 07, 2026, and is solely responsible for the information contained therein.

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WPP releases transcript of 2026 interim results webcast and conference call

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