WPP PLC
WPP: XLON (GBR)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
GBX 385.00 | Jlbvb | Vbshcjp |
WPP Earnings: 2023 Is Off to a Good Start and Is Likely to Further Strengthen in the Second Half
WPP’s first-quarter net revenue update supports our assumption of 4% full-year net revenue organic growth as the firm experienced growth across all its segments and in all regions in which it operates. We think that with improvements in China and India during the second half of this year, and less economic uncertainty in Europe and the U.S., organic growth likely will be at the high end of WPP’s 3%-5% 2023 guidance, which was unchanged.