WPP PLC (OTCPK:WPPGF)

$ 10.54 -0.0567 (-0.54%) Market Cap: 11.76 Bil Enterprise Value: 18.63 Bil PE Ratio: 46.19 PB Ratio: 2.65 GF Score: 76/100

Half Year 2019 WPP PLC Earnings Call Transcript

Aug 09, 2019 / 01:00PM GMT

Release Date Price: $11.7 (+7.34%)

Transcript

Operator

Good day and welcome to the WPP 2019 Interim Results Conference Call. Today's conference is being recorded. At this time, I would like to turn the conference over to the WPP CEO, Mark Read. Please go ahead, sir.

Mark Read

WPP plc - CEO & Executive Director

Thank you very much and good morning, everyone. I'm here in Sea Containers House in London with Paul Richardson and Andrew Scott and our IR team. I think I'll just start by really just outlining some key points from today's presentation. As you know, we don't go through the whole presentation today, that's available on the webcast. This is really to give people in the U.S. opportunity to ask questions.

So in terms of sort of a summary, at the beginning of the call, we set out a 3-year plan on December 11 last year to return WPP to growth in line with its peers. We're 8 months into that 3-year plan and I think the first 6 months of the year. So good strategic progress against the plan. It remains the case that our business this year was heavily impacted by client losses that took place really

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