WPP plc(US:WPP)2025-10-30 09:30Financial Performance - WPP's like-for-like net sales decreased by 5.9%[14] - M&A activities, primarily the disposal of FGS Global, had a negative impact of 3.5% on net sales[14,35] - Foreign exchange headwinds, mainly due to USD weakness, further reduced net sales by 1.7%[14] - Reported net sales amounted to £2,459 million[14] - The company anticipates a like-for-like revenue less pass-through costs growth of -5.5% to -6.0% for the full year 2025[35] - The headline operating margin is expected to be around 13% for FY 2025[35] Business Segment Performance - Integrated Creative Agencies experienced a decline of 6.5% in LFL revenue less pass-through costs[21] - WPP Media saw a decrease of 5.7% in LFL revenue less pass-through costs, impacted by client assignment losses in the US and UK[21,24] - Public Relations declined by 5.9% due to a challenging environment for client discretionary spending[21,24] - Specialist Agencies decreased by 2.2%, with growth in CMI Media Group and Landor offset by declines in smaller agencies[21,24] Regional Performance - North America declined by 6.0%, reflecting client assignment losses and spending cuts[26,28] - The UK experienced a decrease of 8.9%, amplified by client assignment losses and spending cuts[26,28] - Western Continental Europe saw a decline of 4.4%, with Spain outperforming and Germany experiencing a significant step down[26,28] - Asia Pacific declined by 7.4%, with China decreasing by 10.6% due to macro pressures, while India grew by 6.7%[51]