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WPP plc (WPP) Q1 2026 Sales/Trading Call Transcript
SA Transcripts · 2026-04-28 · via All Articles on Seeking Alpha

WPP plc (WPP) Q1 2026 Sales/Trading Call April 28, 2026 4:30 AM EDT

Company Participants

Joanne Wilson - CFO & Director

Conference Call Participants

Nicolas Langlet - BNP Paribas, Research Division
Annick Maas - Bernstein Institutional Services LLC, Research Division
Laura Metayer - Morgan Stanley, Research Division
Ciaran Donnelly - Citigroup Inc., Research Division
Adrien de Saint Hilaire - BofA Securities, Research Division
Julien Roch - Barclays Bank PLC, Research Division

Presentation

Operator

Hello, everyone, and thank you for joining the WPP Q1 Trading Update Call. My name is Claire, and I'll be coordinating your call today. [Operator Instructions]

I will now hand over to Joanne Wilson, Group Chief Executive Officer of WPP, to begin. Please go ahead.

Joanne Wilson
CFO & Director

Good morning, everyone, and thank you for joining us for our first quarter results. I'm joined today by Tom Singlehurst, our Head of Investor Relations. Hopefully, you've had time to read the press release from this morning. There's also a full deck that accompanies this session with our usual disclosures, including our cautionary statement, which you should read carefully and take note of.

Before we dive into the numbers, this is, of course, the first quarter that we are reporting on since we outlined the Elevate28 strategy. As you know, this is a multiyear plan focused on returning WPP to growth. While it is still early days, we are very much on track against our strategic plan and encouraged by the client and employee response to the actions we are taking and the changes we are making. Driving this scale of change takes time and of course, won't be linear, but there are definitely encouraging signals, which I will talk about shortly.

Before that, I'm going to share some detail on our first quarter financial performance, and then I will open the