‘2023 was more challenging than we expected’: WPP profits plunge 60%

Kalila Welch

February 23, 2024 10:27

Global advertising group WPP has published its full year results for 2023, reporting slight gains in revenue in what was otherwise a very challenging year.

Revenue was reported at £14.845 billion, up 2.9 per cent on the previous year, while reported operating profit plunged 60.9 percent down to £531 million.

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Kalila Welch

Kalila Welch joined the Mumbrella editorial team in November 2021. She took a brief career break in mid 2023 to complete her Masters of Journalism before returning to Mumbrella for a year.

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