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 2022 WPP PLC Earnings Call Transcript

Aug 05, 2022 / 01:00PM GMT

Release Date Price: $10.48

Transcript

Operator

Good morning, ladies and gentlemen, and thank you for standing by. Welcome to the WPP 2022 Interim Results Conference Call and Webcast. (Operator Instructions) Today's conference is being recorded.

I will now hand over to your host, Mark Read, CEO of WPP, to begin. Mark, please go ahead.

Mark Read

WPP plc - CEO & Executive Director

Thank you very much and good morning, everybody. I think we'll take sort of this morning's presentation as viewed. If you want to look at it, it's available online. In the interest of efficiency, I'll make a few opening remarks and then we go on to questions.

So I think if I look at -- as we look at the first half, I think we had continued strong demand from our clients. We had good growth in the first half, 8.9%, actually 8.3% in the second quarter, so only slightly lower than first quarter despite somewhat tougher comparatives. And that reflected strong growth across all of our business, the GIAs. The integrated agency is up 8.2% with perhaps a slightly stronger performance in media, actually a very

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