WPP (LON:WPP) First Half 2024 Results

Key Financial Results

• Revenue: UK￡7.23b (flat on 1H 2023).

• Net income: UK￡205.0m (up 83% from 1H 2023).

• Profit margin: 2.8% (up from 1.6% in 1H 2023).

• EPS: UK￡0.19 (up from UK￡0.10 in 1H 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

WPP Earnings Insights

Looking ahead, revenue is expected to decline by 5.9% p.a. on average during the next 3 years, while revenues in the Media industry in the United Kingdom are expected to grow by 2.2%.

Performance of the British Media industry.

The company's shares are down 6.7% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 3 warning signs for WPP (1 is potentially serious!) that you need to be mindful of.

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