WPP presented a new plan for 2019-21 in order to renew with growth. The medium-term targets include amongst others organic net revenue growth in line with peers and a headline operating profit margin (excluding associates) of at least 15% of revenue by the end of 2021. Furthermore, it was confirmed that the future of Kantar should be with a strategic or financial partner and WPP as a minority shareholder. The final decision is due to be announced in Q2 19.
14 Dec 2018
New plan to renew with growth
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New plan to renew with growth
WPP Plc (WPP:LON) | 757 104.5 1.9% | Mkt Cap: 8,135m
- Published:
14 Dec 2018 -
Author:
Hélène Coumes -
Pages:
3
WPP presented a new plan for 2019-21 in order to renew with growth. The medium-term targets include amongst others organic net revenue growth in line with peers and a headline operating profit margin (excluding associates) of at least 15% of revenue by the end of 2021. Furthermore, it was confirmed that the future of Kantar should be with a strategic or financial partner and WPP as a minority shareholder. The final decision is due to be announced in Q2 19.