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WPP Expects 2024 Return to Growth after Battling Q1

Apr 25 2024

WPP has issued a first quarter trading update, with like-for-like revenue less pass-through costs down 1.6% to £2.69bn. CEO Mark Read said the results were in line with expectations, reflecting tough comparatives, and that the firm 'remains on track to return to growth in the balance of the year'. More

Kantar 'Resilient' in 'Challenging' Times

Aug 26 2022

Kantar has announced unaudited results for the first half of 2022, with 'gross revenue' up 5% (at constant currency rates) to $1.832bn and adjusted EBITDA up 6% to $310m. Unadjusted, revenue was down 1.8% to $1.566bn, while one-off events contributed to an operating loss of $88m. More

Momentum for Reshaped Kantar

May 27 2022

Kantar has announced unaudited results for the first quarter of calendar 2022, including pro forma, currency-adjusted gross revenue up 6% to $911m, and adjusted EBITDA of $144m, up 16% from a year earlier and almost twice the pre-Covid Q1 2019 figure. More

Revenue Recovering at Slimmer, More Profitable Kantar

Dec 3 2021

Kantar has reported revenue of $2,681m for the first three quarters of 2021, up 11% at constant currency although still down 5% from 2019 figures; and EBITDA of $445m, up 52% on 2020 and 39% (organic growth 33%) versus the same period in 2019. More

WPP Reports Revenue Already Back to 2019 Levels

Aug 9 2021

In interim results, WPP has reported a 'strong' first half, with revenue returning to 2019 levels 'a year ahead of plan'. H1 2021 revenue of £6.13bn was up 9.8% on last year's Covid-hit figure, and the group returned to a profit before tax (£394m) after losses of £3.18bn a year earlier. More

Q1 Growth for Six of Kantar's Seven Divisions

Jun 3 2021

Kantar's first quarter revenue was up 3% to $896m, with six of its seven divisions delivering growth. This includes double digit increases from the group's consumer and shopper behavior specialist Worldpanel, and public policy services provider Kantar Public. More

WPP Disappoints in Q4

Feb 28 2020

WPP has reported results for the fourth quarter and full year 2019. Improvements from Q3 were not maintained to the end of the year and shares tumbled around 14% on the news. Nevertheless CEO Mark Read said 'substantial progress' was made in the year the group sold a majority stake in Kantar. More

Flat Kantar Beats Rest of WPP, as Sale Progresses

Apr 26 2019

First quarter revenue less pass-through costs in WPP's Kantar (DIM) division was flat (up 0.1% like-for-like), while the rest of the marcoms group saw declines. Kantar, whose sale process is said to be 'progressing well', saw particularly strong growth in Asia Pacific, LatAm and the Middle East. More

Kantar Revenues Down 1.8% in 2018

Mar 1 2019

WPP has reported a 4.5% decline (1.8% in constant currency terms) in revenue for its Kantar data investment management (DIM) division, for the year 2018. Reported revenue was down from £2.7bn in 2017 to £2.56bn in 2018. More

DIM Revenue Decline Continues in WPP's 'Tough' Q3

Oct 31 2017

WPP's Data Investment Management (DIM) arm has seen third quarter like-for-like revenue fall 2.9%. CEO Sir Martin Sorrell admitted to investors that it had been a 'tough quarter' as the group predicts a 'broadly flat' 2017. More

WPP Slashes Full-Year Growth Forecast

Aug 23 2017

WPP has slashed its full-year growth forecast for revenues and net sales to between zero and 1%, as clients cut their marketing budgets. For the second quarter, like-for-like revenue in the Data Investment Management (DIM) division fell 4.6% to £669m. More

Flat Quarter for WPP as Kantar Brings Up Rear Again

Apr 28 2017

WPP has reported a flat quarter, with group like-for-like revenue up 0.2%. In the Data Investment Management division, Kantar, like-for-like revenue once again trailed the rest of the group, down 3.4%, despite strong growth in net sales in the UK, Latin America and Africa. More

Familiar Pattern to Q2 Results for WPP, DIM

Aug 24 2016

WPP has reported Q2 revenue of £3.46bn, up 3.5% in like-for-like (LFL) terms. Net sales, the group's preferred measure, rose 4.3% on the same basis. As in previous quarters data investment management (DIM) lagged other divisions, with LFL revenue down -0.4% and net sales up 2.0%. More

Slight Upturn for Kantar in April

Jun 10 2016

In a trading update, WPP says its Data Investment Management division Kantar returned to like-for-like growth in April, after a flat first quarter. Net sales were up 5.8 percent at constant currency, or 0.3 percent like-for-like. For the Group as a whole, the comparable figure was 3.1 percent. More

Flat Kantar, Strong WPP Again

Apr 28 2016

WPP has reported first quarter revenue of £3.076bn, up 5.1% in like-for-like terms. Net sales - its preferred measure - rose 3.2%. As in recent quarters however, insight division Kantar performed less well than other units, with like-for-like revenue and net sales figures flat (up 0.5% and down 0.1% respectively). More

Healthy Numbers for WPP but DIM Sums Disappoint

Mar 7 2016

WPP has reported total 2015 revenue up 5.3% on a like-for-like basis, with headline EBITDA of £2.002bn, up 7.7% at constant currency. Revenue in pounds was up 6.1% to £12.235 bn. The insight-focused 'data investment management' division (DIM) remained flat for the year, although slightly improved in Q4. More

Good Quarter for WPP Despite DIM Decline

Oct 26 2015

WPP has reported like-for-like revenue up 4.6% for Q3 2015. The insight division, known as 'Data Investment Management', was among those 'improving versus the second quarter' but once again was the only one to report a slight decline in revenue. More

WPP's DIM Revenue Declines, but Profits Rise

Aug 26 2015

WPP has reported that revenue in its Data Investment Management (DIM) arm fell slightly (0.3%) to £1.173bn during the first half of the year, from £1.176bn in last year's first six months; while DIM headline profit before tax rose 11.7% to £100.6m from £88.1m a year earlier. More

WPP Reports First Quarter DIM Revenue Dip

Apr 23 2015

WPP has reported like-for-like first quarter revenue growth across all its business sectors except for the Data Investment Management (DIM) division, where revenue fell 1.4% to £558m from £566m in the prior year period. More

WPP Reports Good Year for Group, Slow Growth for DIM

Mar 9 2015

WPP has announced preliminary results for 2014 including like-for-like revenue up 8.2%, like-for-like net sales up 3.3%, and good profits - EBITDA grew 7.5% at constant currency. However like-for-like revenue in the firm's insight or 'Data Investment Management' division (DIM) was up just 0.6%. More

WPP DIM Revenues Flat in Third Quarter

Oct 31 2014

Marketing services network WPP has reported a slower than expected 3.1% rise in third quarter revenue to £2.76bn. Reported revenue in its Data Investment Management division fell 4.7% to £588m, but allowing for currency effects and acquisitions, like-for-like revenue growth was 0.5%. More

DIM Growth Lags Other WPP Divisions

Aug 26 2014

WPP's data investment management division (DIM) has reported Q2 net sales of £436m and revenue of £611m, the latter up 2.6% in like-for-like terms but well below the overall group growth of 10.2%. More

WPP's DIM Q1 Revenue Drops 3.8%

Apr 25 2014

WPP's Data Investment Management (DIM) division saw revenues fall 3.8% to £566m in the first quarter of 2014, while net sales dropped 4.5% to £406m. More

WPP's DIM Reports 3.6% Revenue Growth

Feb 27 2014

WPP's Data Investment Management Division (DIM) has reported a 3.6% increase in annual revenue for 2013. More

WPP Reports Brighter Outlook for DIM

Oct 24 2013

WPP has reported third quarter revenue growth of 3.2% in its 'Data Investment Management' (DIM) businesses, to £617m, and growth of 2.6% to £1.8 billion for the first nine months of the year. More

WPP's 'DIM' Division Reports 2.1% Revenue Rise

Aug 29 2013

Marcoms giant WPP has reported a 2.1% increase in second quarter revenue in its 'Data Investment Management' (DIM) arm, previously known as the Consumer Insight division. The total figure of £651m reflects growth in all regions except the UK and Western Europe. More

WPP Insight Revenue Stalls as Group Plans Return to UK

Aug 30 2012

WPP has reported revenue up just 1.2% to £1.19bn in its consumer insight division in the first half of the year, while headline operating profit fell slightly to £84m. The group has also confirmed that following tax changes, it plans to move its HQ back to the UK from Ireland. More

WPP Shareholders Reject CEO Pay Hike

Jun 13 2012

WPP shareholders have voted against a proposed 60% increase in CEO Sir Martin Sorrell's pay package. Separately, WPP says its Consumer Insight arm has been 'stable' in the first four months of 2012, with a 3.3% revenue rise adding to the group's £3.2 billion turnover. More

Strong Quarter for WPP - Less So for Insight

Apr 27 2012

WPP has reported first quarter revenues up 7.4% at constant currencies, to £2.39 bn. Organic revenue growth was 4.0%. However the consumer insight division once again lagged behind with revenues up 3.3% on a constant currency basis, or 1.3% excluding acquisitions. More

Insight Division Slows Up WPP Growth

Oct 28 2011

WPP has reported third quarter revenue of £2.46bn, representing like-for-like growth of 4.7%, but says its insight division grew much slower than any other, revenues rising less than 1%. More

WPP's Consumer Insight Arm Grows 3.4% in Q1

Apr 28 2011

Consumer insight revenues at WPP have risen 3.4% on a constant currency basis, to £552.8m in the first quarter of 2011, compared with £542.5m in the prior year period. More

Insight Arm Helps Recovery in WPP Profits

Aug 24 2010

Revenue and profits in WPP's Consumer Insight division rose in the first six months of 2010: the former slowly, up 2.4% on a like-for-like basis from a low comparative, but the latter more rapidly with headline profit before interest and tax (PBIT) up 22% to £83.7m. More

Kantar Firms Continue 2010 Growth

Jun 29 2010

Kantar-owner WPP has reported improved results for the first five months of the year. Both Group revenues and those for the Insight division rose around 2% worldwide on a like-for-like basis while growth in May was well over 5%. More

WPP Net Profit Halves in H1

Aug 26 2009

UK marcoms giant and Kantar-owner WPP has reported a 47.9% drop in first-half net profit to £108.4m from £208.2m a year earlier, but predicts a brighter performance for the rest of 2009. Like-for-like consumer insight revenue was down 10%. More

Sorrell Wins Bonus Scheme Vote as Kantar Revenues Fall

Jun 2 2009

At today's AGM, WPP shareholders gave the thumbs up to a scheme which could see CEO Sir Martin Sorrell receive a £60m bonus over the next five years. Meanwhile Sorrell announced a 6.7% dip in like-for-like revenues for the first four months of the year, which sent shares tumbling 4.8% to 456.25p. More

WPP Q1 Revenues Drop Almost 6%

Apr 28 2009

UK marcoms giant WPP has reported a 5.8% fall in Q1 revenues, excluding the impact of acquisitions and currency fluctuations. The firm says this reflects a cut in client spending in reaction to the global financial and economic crisis. More

Insight Helps Drive Growth for WPP

Mar 6 2009

WPP has reported healthy results for the full year 2008. Like-for-like revenue growth of 2.7% came from a combination of a strong first half and slower second half. Insight division Kantar provided 17.1% of all WPP revenue and 12.8% of operating profit. More

Insight Firms Help Growth at WPP

Aug 22 2008

WPP has announced its unaudited interim results for the six months ended 30th June 2008, showing good revenue and profit figures in all regions and for all divisions including insight. While his own firm may be healthy however, CEO Sir Martin Sorrell says the current merger process is 'not doing [TNS] much good'. More

38 articles found.

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